Affiliated Managers amends, extends revolving facility to 2027

By Mary-Katherine Stinson

Lexington, Ky., Nov. 21 – Affiliated Managers Group, Inc. amended its credit agreements on Nov. 18 with Bank of America, NA as administrative agent, extending the maturity of its revolving facility by one year to Oct. 25, 2027, according to an 8-K filing with the Securities and Exchange Commission.

The amendments also replace the benchmark rate with SOFR from Libor for both the revolver and the term loan under the facility.

Affiliated Managers is a West Palm Beach, Fla.-based asset management company.

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