Ares management upsizes tempus debt facilities to $560 million

New york--(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 patient care. the financing is intended to support tempus' previously announced acquisition of ambry genetics (“ambry”), whi.
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