NYSE:AAMICapital Markets
Assessing Acadian Asset Management’s Valuation After Its Recent Debt Refinancing and Capital Structure Reset
Acadian Asset Management (AAMI) just overhauled its balance sheet, redeeming all $275 million of its 4.8% senior notes due 2026 using a new $200 million term loan and existing cash.
See our latest analysis for Acadian Asset Management.
That balance sheet clean up lands against a backdrop of strong momentum, with an 80.1% year to date share price return and a 137.0% three year total shareholder return suggesting investors see improving growth and risk dynamics.
If this kind of capital...