AMG Announces Full Redemption of 5.15% Convertible Trust Preferred Securities Due 2037
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Affiliated Managers Group Inc. announced the redemption of its 5.15% Convertible Trust Preferred Securities due 2037, effective December 29, 2025. The redemption will be at 100% of the principal amount plus accrued interest. Holders can convert securities into cash before the redemption date. The redemption is funded by proceeds from a senior notes offering, aiming to simplify AMG's capital structure. This announcement is not contingent on new offerings or financing conditions.
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