Ares Management Provides $2 Billion Debt Facility to Phoenix Tower International

Key Facts

1Ares Management funds provided $2 billion of a $6.5 billion multi-jurisdiction financing for Phoenix Tower International.

2Ares funded approximately $1.8 billion at closing, with the facility intended to consolidate PTI's existing loans.

Ares Management funds provided $2 billion of a $6.5 billion multi-jurisdiction financing for Phoenix Tower International. Business Wire reported that Ares funded approximately $1.8 billion at closing, with the new facility intended to consolidate PTI's existing loans and support its global telecom tower infrastructure operations.

ARES closed at $116.17 on September 30, 2026, with the stock reaching a day high of $119.52 and a low of $115.41. The financing demonstrates the firm's direct lending capabilities in large-scale infrastructure deals.