AMG Raises $425 Million Through 5.5% Senior Notes Due 2036

Reuters
2025.12.11 21:31
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Affiliated Managers Group Inc. (AMG) has issued $425 million in 5.500% Senior Notes due 2036. The proceeds will be used to redeem its 5.15% Convertible Trust Preferred Securities due 2037 and for general corporate purposes. The notes, maturing on February 15, 2036, have semiannual interest payments starting August 15, 2026. The issuance includes standard default provisions and limitations on mergers and asset sales.