MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, February 22, 2012 Janus Tries to Deleverage By $100M 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." Printed from: MFWire.com/story.asp?s=39274 Copyright 2012, InvestmentWires, Inc. All Rights Reserved |