debt
confidence medium
sentiment neutral
materiality 0.40
BrightSphere calls all $125M 5.125% Senior Notes due 2031 for Jan 18 redemption
Acadian Asset Management Inc.
- Full redemption of $125M aggregate principal of 5.125% Senior Notes due 2031.
- Redemption price is $1,011.53 per $1,000 principal, plus ~$1.4M accrued interest.
- Redemption date expected January 18, 2021 (filing dated Dec 17, 2021; date likely a typo).
- Interest on the notes will cease to accrue on the redemption date.