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Stock impact report

Acadian Asset Management Inc. Completes Refinancing and Redemption of 2026 Senior Notes

Acadian Asset Management Inc. (AAMI) 
Company Research Source: Business Wire
BOSTON--(BUSINESS WIRE)--Acadian Asset Management Inc. (NYSE: AAMI) today announced the completion of the redemption of all $275 million aggregate principal amount outstanding of its 4.800% Senior Notes due July 27, 2026. The redemption was funded through a combination of a previously disclosed $200 million term loan facility and cash on hand.As previously disclosed, on October 28, 2025, and in connection with the redemption, Acadian Asset Management LLC, the Company's majority-owned subsidiary, entered into a Delayed Draw Term Loan Credit Agreement providing for a $200 million three-year term loan facility maturing October 28, 2028, and a new Revolving Credit Agreement providing for a $175 million revolving credit facility, also maturing October 28, 2028.“This strategic refinancing showcases Acadian's strong cash generation and disciplined capital allocation. By optimizing our capital structure, we can simultaneously reduce leverage, and continue to return capital to shareholders Show less Read more
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