secwatch / observer
8-K filed March 20, 2024, 7:59 PM ET ticker AMG CIK 0001004434
debt confidence high sentiment neutral materiality 0.65

AFFILIATED MANAGERS GROUP, INC. (AMG): debt financing — AMG completes $450M issuance of 6.750% junior subordinated notes due 2064

AFFILIATED MANAGERS GROUP, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

AFFILIATED MANAGERS GROUP, INC. incurred senior notes of $450,000,000 at 6.750% maturing March 30, 2064.

Instrument
senior notes
Principal
$450,000,000
Rate
6.750%
Maturity
March 30, 2064
Event
incurrence
Exact text from the filing
On March 20, 2024, Affiliated Managers Group, Inc. (the “Company”) completed the issuance and sale of $450,000,000 aggregate principal amount of the Company’s 6.750% Junior Subordinated Notes due 2064
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AFFILIATED MANAGERS GROUP, INC. entered into Underwriting Agreement with BofA Securities, Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC (effective 2024-03-14).

Action
entry
Agreement
underwriting
Counterparty
BofA Securities, Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC
Effective
2024-03-14
Exact text from the filing
On March 14, 2024, the Company also entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC, and Wells Fargo Securities, LLC, as representatives of the underwriters named therein.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AFFILIATED MANAGERS GROUP, INC. entered into Fourth Supplemental Indenture with U.S. Bank National Association and U.S. Bank Trust Company, National Association valued at $450,000,000 aggregate principal amount (effective 2024-03-20).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank National Association and U.S. Bank Trust Company, National Association
Value
$450,000,000 aggregate principal amount
Effective
2024-03-20
Exact text from the filing
On March 20, 2024, Affiliated Managers Group, Inc. (the “Company”) completed the issuance and sale of $450,000,000 aggregate principal amount of the Company’s 6.750% Junior Subordinated Notes due 2064 (the “Initial Securities”), including $50,000,000 aggregate principal amount of the Company’s 6.750% Junior Subordinated Notes due 2064, pursuant to the underwriters’ option to purchase additional notes to cover over-allotments (together with the Initial Securities, the “Securities”).
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

AFFILIATED MANAGERS GROUP, INC. filing history →

Source: SEC EDGAR
accession 0001193125-24-072712
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