Affiliated Managers pricing $300 million 10-year notes Tuesday

By Aleesia Forni

Virginia Beach, Feb. 10 – Affiliated Managers Group Inc. is planning to price $300 million of 10-year senior notes during Tuesday’s session, according to an informed source and a 424B2 filed with the Securities and Exchange Commission.

BofA Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., MUFG, RBC Capital Markets LLC and Wells Fargo Securities LLC are the joint bookrunners.

Proceeds will be used to repay borrowings on the company’s revolving credit facility, with any remaining proceeds to be used for general corporate purposes.

Affiliated Managers is a Prides Crossing, Mass.-based asset management company.

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