Tempus Debt Facilities Upsized To $560 Million

Ares Management – a leading global alternative investment manager – announced that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, a technology company leading the adoption of AI to advance precision medicine and patient care. The financing is expected to support Tempus’ previously announced acquisition…

Ares Management Upsizes Tempus Debt Facilities to $560 Million

NEW YORK, February 18, 2025–(BUSINESS WIRE)–Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that Ares Credit funds served as the administrative agent on $300 million in incremental debt financing for Tempus AI, Inc. (NASDAQ: TEM) (“Tempus”), a technology company leading the adoption of AI to advance precision medicine and…