AMG in $350 Million Senior Notes Offering
February 13, 2015
Cleary Gottlieb acted as counsel for the underwriters represented by BofA Merrill Lynch, Citigroup, and J.P. Morgan, in a public offering by Affiliated Managers Group of $350 million of its 3.500% Senior Notes due 2025. The offering was a takedown from AMG’s shelf registration statement. The transaction launched and priced on February 10 and closed on February 13, 2015.
AMG is an asset management company with equity investments in a diverse group of growing, boutique investment management firms. Through its affiliated management firms, AMG manages approximately $599.5 billion in assets across a broad range of asset classes and investment styles in three principal distribution channels: Institutional, Mutual Fund and High Net Worth. Cleary Gottlieb acts as designated underwriters’ counsel on AMG offerings.