Affiliated Managers Group Inc. has announced the redemption of all outstanding 5.15% Convertible Trust Preferred Securities due 2037 of AMG Capital Trust II. The redemption will take place on December 29, 2025, at a cash price equal to 100% of the principal amount plus any accrued and unpaid interest up to but excluding the redemption date. Holders may convert their securities into cash prior to the redemption date in accordance with applicable terms. The company intends to use proceeds from a previously announced senior notes offering to fund the redemption, aiming to simplify its capital structure while maintaining a long-duration debt profile. The redemption is not contingent on the completion of the new offering or any other financing condition.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AMG - Affiliated Managers Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-311380), on December 08, 2025, and is solely responsible for the information contained therein.
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