debt
confidence high
sentiment neutral
materiality 0.50
Artisan Partners issues $50M 5.43% Series G Senior Notes due 2030 to refinance Series D
Artisan Partners Asset Management Inc.
- Issued $50M Series G Senior Notes at 5.43% per annum, due August 16, 2030.
- Proceeds will repay $50M Series D senior notes maturing in August 2025.
- Financial covenants: leverage ratio ≤3.00x; interest coverage ≥4.00x.
- Annual meeting approved all seven director nominees, advisory say-on-pay, and PwC ratification.
- Change-in-control or AUM below $45B triggers mandatory prepayment offer.
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