Janus Henderson US (Holdings) Inc. announced the expiration and results of its offer to purchase for cash any and all of its outstanding 5.450% Senior Notes due 2034. The offer expired on July 1, 2026, with $346,422,000 aggregate principal amount of notes validly tendered, representing 86.61% of the $400,000,000 outstanding. The issuer accepted all tendered notes at a purchase price of $1,010.00 per $1,000 principal amount, plus accrued and unpaid interest. Payment is expected on or around July 7, 2026, after which $53,578,000 aggregate principal amount of notes will remain outstanding. The offer was made in connection with the acquisition of Janus Henderson Group Ltd. by funds affiliated with Trian Fund Management and General Catalyst Group Management, which triggered a Change of Control Repurchase Event under the indenture.
Janus Henderson Group PLCThe tender offer is part of a change-of-control event from the acquisition, but the impact on Janus Henderson Group PLC is indirect and unclear.