Affiliated Managers to repay revolving facility with note proceeds

By Tali Rackner

Norfolk, Va., Feb. 10 – Affiliated Managers Group, Inc. plans to repay a portion of outstanding debt under its revolving credit facility maturing in April 2018 with the proceeds from a senior note offering, according to a 424B2 filing with the Securities and Exchange Commission.

Remaining proceeds will be used for other general corporate purposes.

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

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