newsfilter
← Latest News
Business Wire·

Jupiter Borrower, Inc. Announces Launch of Offer to Purchase for Cash Any and All of Janus Henderson US (Holdings) Inc.'s Outstanding 5.450% Senior Notes Due 2034

JHG
  • Jupiter Borrower, Inc., an affiliate of Trian Fund Management, has commenced a cash offer to purchase all outstanding 5.450% Senior Notes due 2034 issued by Janus Henderson US (Holdings) Inc.
  • The offer is linked to a proposed acquisition of Janus Henderson by Trian & General Catalyst affiliates, which will trigger a Change of Control Repurchase Event under the indenture.
  • The purchase price is set at $1,010.00 per $1,000 principal amount, plus accrued & unpaid interest up to the Change of Control Payment Date.
  • The offer expiration time is 5:00 p.m. New York City time on July 1, 2026, with payments expected around July 7, 2026.
  • The transaction is not subject to any cap or proration, meaning the purchaser will buy all validly tendered notes.
  • No consent solicitation is being conducted, & notes not tendered will remain outstanding under existing indenture terms.
  • The offer is conditional upon the consummation of the acquisition & the resulting Change of Control Repurchase Event.
  • D.F. King & Co., Inc. serves as the tender & information agent for the transaction.
  • Neither the purchaser, issuer, nor their affiliates are making any recommendation regarding whether holders should tender the notes.