Cleary Gottlieb acted as counsel for the underwriters led by BofA Merrill Lynch, Citigroup and J.P. Morgan as joint book running managers in a public offering by Affiliated Managers Group, Inc. of $400 million of its 4.250% Senior Notes due 2024. The offering was a takedown from AMG’s shelf registration statement. The transaction launched and priced on February 6 and closed on February 11.
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 $508 billion in assets in more than 400 investment products across a broad range of asset classes and investment styles. Cleary Gottlieb acts as designated underwriters’ counsel on AMG offerings.