Oaktree Capital Group, LLC (NYSE:OAK) Files An 8-K Other Events
Item 8.01 Other Events.

On November9, 2017, Oaktree Capital Group, LLC issued a press release announcing that it has received commitments from certain accredited investors (collectively, “the Investors”) to purchase $250.0million of 3.78% senior notes due 2032 (the “Notes”) to be issued by its indirect subsidiary, Oaktree Capital Management, L.P. (the “Issuer”), and guaranteed by its indirect subsidiaries, Oaktree Capital I, L.P., Oaktree Capital II, L.P. and Oaktree AIF Investments, L.P. (the “Guarantors”). The Notes are senior unsecured obligations of the Issuer, jointly and severally guaranteed by the Guarantors. The Issuer intends to use the proceeds from the sale of the Notes to redeem its $250million of 6.75% Senior Notes due 2019. The offering of the Notes is subject to the execution of definitive documents and is expected to close on December18, 2017.

The offer and sale of the Notes will be made solely in private placement transactions exempt from registration to Section4(a)(2) of the Securities Act of 1933, as amended.

A copy of the press release is attached to this Form 8-K as Exhibit 99.1.

Item 8.01 Financial Statements and Exhibits.

(d) Exhibits

Oaktree Capital Group, LLC Exhibit
EX-99.1 2 d445107dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Oaktree Announces $250 Million Offering of Senior Notes LOS ANGELES—(BUSINESS WIRE)—Oaktree Capital Group,…
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About Oaktree Capital Group, LLC (NYSE:OAK)

Oaktree Capital Group, LLC (Oaktree) is a global investment manager specializing in alternative investments. The Company manages investments in a range of strategies within approximately six asset classes, which include corporate debt, convertible securities, distressed debt, control investing, real estate and listed equities. Its business consists of its investment management segment, which consists of the investment management services that it provides to its clients. Oaktree Capital Group Holdings GP, LLC acts as the Company’s manager and is the general partner of Oaktree Capital Group Holdings, L.P. (OCGH), which owns approximately 100% of the Company’s outstanding Class B units. OCGH is owned by the OCGH unitholders. The Company’s operations are conducted through a group of operating entities collectively referred to as the Oaktree Operating Group. The Funds managed by Oaktree include commingled funds, separate accounts and collateralized loan obligation vehicles (CLOs).