NYSE:AAMICapital Markets
Is Acadian Asset Management’s (AAMI) Debt Recast Quietly Rewriting Its Long-Term Funding Strategy?
In late 2025, Acadian Asset Management Inc. completed the redemption of all its outstanding US$275 million 4.800% Senior Notes due July 27, 2026, using a previously arranged US$200 million term loan facility and cash on hand.
At the same time, its majority-owned subsidiary entered into new three-year term loan and revolving credit agreements maturing in 2028, reshaping the group’s funding mix and access to liquidity.
Next, we’ll examine how this refinancing, particularly the shift from fixed...