Filing Details

Accession Number:
0001104659-20-115957
Form Type:
13G Filing
Publication Date:
2020-10-19 12:23:16
Filed By:
Ares Capital Corp
Company:
Centric Brands Inc. (NASDAQ:CTRC)
Filing Date:
2020-10-19
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Ares Capital Corporation 0 0 0 0 0 0%
Ares Capital Management 0 0 0 0 0 0%
Ares Management 0 0 0 0 0 0%
Ares Management Holdings 0 0 0 0 0 0%
Ares Holdco 0 0 0 0 0 0%
Ares Holdings Inc 0 0 0 0 0 0%
Ares Management Corporation 0 0 0 0 0 0%
Ares Voting 0 0 0 0 0 0%
Ares Management GP 0 0 0 0 0 0%
Ares Partners Holdco 0 0 0 0 0 0%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE
COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934
(Amendment No. 3 Exit Amendment)

 

Centric Brands, Inc.

(Name of Issuer)

 

Common Stock

(Title of Class of Securities)

 

15644G104

(CUSIP Number)

 

October 9, 2020

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

o

Rule 13d-1(b)

x

Rule 13d-1(c)

o

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Capital Corporation

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Maryland

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
CO

 

2


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Capital Management LLC

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

3


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Management LLC

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

4


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Management Holdings L.P.

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
PN

 

5


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Holdco LLC

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

6


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Holdings Inc.

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
CO

 

7


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Management Corporation

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
CO

 

8


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Voting LLC

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

9


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Management GP LLC

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

10


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

1

Names of Reporting Persons
Ares Partners Holdco LLC

 

 

 

2

Check the Appropriate Box if a Member of a Group

(a)

o

(b)

o

 

 

 

3

SEC Use Only

 

 

 

4

Citizen or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5

Sole Voting Power
0

 

 

6

Shared Voting Power
0

 

 

7

Sole Dispositive Power
0

 

 

8

Shared Dispositive Power
0

 

 

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person
0

 

 

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  o
Not Applicable

 

 

 

11

Percent of Class Represented by Amount in Row 9
0%

 

 

 

12

Type of Reporting Person
OO (Limited Liability Company)

 

11


 

CUSIP No. 15644G104

Schedule 13G

 

Item 1.

 

(a)

Name of Issuer:
Centric Brands, Inc.  (the Issuer)

(b)

Address of Issuers Principal Executive Offices:
350 5
th Avenue,

6th Floor,

New York, NY 10118

 

 

 

Item 2.

 

 

 

 

 

(a)

Name of Person Filing:
Each of the following is hereinafter individually referred to as a Reporting Person and collectively as the Reporting Persons. This statement is filed on behalf of:

 

Ares Capital Corporation (Ares Capital)

Ares Capital Management LLC (Ares Capital Management)

Ares Management LLC

Ares Management Holdings L.P. (Ares Management Holdings)

Ares Holdco LLC (Ares Holdco)

Ares Holdings Inc. (Ares Holdings)

Ares Management Corporation (Ares Management)

Ares Voting LLC (Ares Voting)

Ares Management GP LLC (Ares Management GP)

Ares Partners Holdco LLC (Ares Partners)

(b)

Address or Principal Business Office:
The business address of Ares Capital is 245 Park Avenue, 44th Floor, New York, NY 10167. The business address of each other Reporting Person is 2000 Avenue of the Stars, 12th Floor, Los Angeles, California 90067.

(c)

Citizenship of each Reporting Person is:
Ares Capital is organized under the laws of the State of Maryland.

Each other Reporting Person is organized under the laws of the State of Delaware.

(d)

Title of Class of Securities:
Common Stock, par value $0.10 per share (Common Stock)

(e)

CUSIP Number:
15644G104

 

 

 

Item 3.

 

Not applicable.

 

12


 

CUSIP No. 15644G104

Schedule 13G

 

Item 4.

Ownership

 

Ownership (a-b)

 

On May 18, 2020, the Issuer and certain of its subsidiaries (together with the Issuer, the Debtors) filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York (the Bankruptcy Court).

 

On September 21, 2020, the Bankruptcy Court entered an order approving and confirming the Fifth Amended Joint Chapter 11 Plan of Reorganization of Centric Brands Inc., et al. Pursuant to Chapter 11 of the Bankruptcy Code (the Confirmed Plan).   The Confirmed Plan became effective on October 9, 2020, at which time all of the shares of Common Stock were cancelled.  On the same date, the Issuer filed a Form 15-12G with the Securities and Exchange Commission requesting the deregistration of the Common Stock and suspension of its reporting obligations.

 

(c) The information contained on the cover pages to this Schedule 13G is incorporated herein by reference.

 

13


 

CUSIP No. 15644G104

Schedule 13G

 

 

 

Item 5.

Ownership of Five Percent or Less of a Class

 

 

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following x.

 

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person

 

 

 

Not applicable.

 

 

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company

 

 

 

Not applicable.

 

 

Item 8.

Identification and Classification of Members of the Group

 

Not applicable.

 

 

Item 9.

Notice of Dissolution of Group

 

Not applicable.

 

14


 

CUSIP No. 15644G104

Schedule 13G

 

Item 10.

Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Date:  October 19, 2020

 

 

Ares Capital Corporation

 

 

 

 

Signed:

/s/ Joshua M. Bloomstein

 

Name:

Joshua M. Bloomstein

 

Title:

Authorized Signatory

 

 

 

 

Ares Capital Management LLC

 

 

 

 

Signed:

/s/ Joshua M. Bloomstein

 

Name:

Joshua M. Bloomstein

 

Title:

Authorized Signatory

 

 

 

 

Ares Management LLC

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

 

 

 

Ares Management Holdings L.P.

 

By: Ares Holdco LLC, its general partner

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

15


 

CUSIP No. 15644G104

Schedule 13G

 

 

Ares Holdco LLC

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

 

 

 

Ares Holdings Inc.

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

 

 

 

Ares Management Corporation

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

 

 

 

Ares Voting LLC

 

By: Ares Partners Holdco LLC, its sole member

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

 

 

 

Ares Management GP LLC

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

 

 

 

Ares Partners Holdco LLC

 

 

 

 

Signed:

/s/ Naseem Sagati Aghili

 

Name:

Naseem Sagati Aghili

 

Title:

Authorized Signatory

 

16


 

CUSIP No. 15644G104

Schedule 13G

 

LIST OF EXHIBITS

 

Exhibit No.

 

Description

 

 

 

99.1

 

Joint Filing Agreement

 

17