debt
confidence high
sentiment neutral
materiality 0.60
Janus Henderson issues $400M of 5.450% senior notes due 2034 to refinance 2025 debt
JANUS HENDERSON GROUP PLC
- Issued $400M of 5.450% senior unsecured notes due Sept 10, 2034; interest payable semi-annually.
- Proceeds will redeem in full existing 4.875% senior notes due 2025, plus premium and accrued interest.
- Notes are guaranteed by Janus Henderson Group plc on a senior unsecured basis; ranks equal with other senior debt.
- Issuer may redeem notes at make-whole prior to June 10, 2034; on/after at par plus accrued interest.
- Registration rights agreement requires filing exchange offer or shelf registration; failure triggers additional interest.