secwatch.observer — SEC 8-K summary
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Issuer:     AFFILIATED MANAGERS GROUP, INC. (AMG)
CIK:        0001004434
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0001193125-21-308088
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMG refinances credit facilities with $1.25B revolver and $350M term loan due 2026
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- AMG enters into $1.25B senior unsecured multicurrency revolving credit facility maturing Oct 23, 2026.
- Also enters into $350M senior unsecured term loan facility maturing Oct 23, 2026.
- Can increase revolver commitments by up to $500M and term loan by up to $75M.
- Proceeds for working capital, investments, share repurchases, and dividends.
- Replaces prior credit agreements; contains leverage and interest coverage covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004434/000119312521308088/0001193125-21-308088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004434/000119312521308088/d247160d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-308088

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