The Janus [profile] leadership team wants to pay down $100 million of Janus' debt. Yesterday the Denver-based mutual fund firm revealed an offer to pay $86.52 million for $82.4 million in senior notes due in 2014. For the rest of the $100 million, Janus will conduct a modified Dutch auction for senior notes due in 2017.

Mia Lamaer of MarketWatch puts Janus' offer into context by noting that Janus will be "among a slew of companies aiming to take advantage of ultra-low interest rates." 

Edited by: Neil Anderson, Managing Editor


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