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Tue, March 6, 2012
Mon, March 5, 2012

Janus Capital Group Inc. Announces Preliminary Results of Tender Offer for Debt Securities


Published on 2012-03-05 19:20:14 - Market Wire
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DENVER--([ ])--Janus Capital Group Inc. (aJCGa or the aCompanya) (NYSE: JNS) today announced the preliminary results for its previously announced tender offers (the aOffersa) to purchase for cash up to $100 million aggregate principal amount of its outstanding 6.119% Senior Notes due 2014 (the a2014 Notesa) and 6.700% Senior Notes due 2017 (the a2017 Notesa and together with the 2014 Notes, the aNotesa) on the terms and subject to the conditions set forth in the offer to purchase dated February 21, 2012 (the aOffer to Purchasea) and the related letter of transmittal (the aLetter of Transmittala).

"Managementas Discussion and Analysis of Financial Condition and Results of Operations"

According to information provided by Global Bondholder Services Corporation, the depositary and information agent for the Offers, Notes were validly tendered and not validly withdrawn at or before 5:00 p.m., New York City time, on March 5, 2012 (the aEarly Tender Deadlinea) in the approximate aggregate principal amounts set out in the table below.

Title of Notes CUSIP Number

Aggregate
Principal Amount
Outstanding

Principal Amount Tendered

6.119% Notes due 2014
(the a2014 Notesa)

47102XAC9 $82,385,000 $43,014,000

6.700% Notes due 2017
(the a2017 Notesa)

47102XAF2 $368,561,000 $15,654,000

Withdrawal rights for Notes tendered in the Offers terminated at 5:00 p.m., New York City time, on March 5, 2012. The Offers are scheduled to expire at 11:59 p.m., New York City time, on March 19, 2012, unless extended by JCG.

The Company also announced that it has accepted for payment all of the $43,014,000 aggregate principal amount of 2014 Notes that had been validly tendered and not validly withdrawn at or prior to the Early Tender Deadline and expects to make payment on such 2014 Notes on March 6, 2012.

The complete terms and conditions of the Offers are set forth in the Offer to Purchase and Letter of Transmittal. Holders are urged to read the Offer to Purchase and the Letter of Transmittal carefully.

Consummation of the Offers is subject to, and conditioned upon, the satisfaction or, where applicable, waiver of certain conditions set forth in the Offer to Purchase. The Company may amend, extend or terminate the Offers at any time. In addition, the Company reserves the right to increase the Dutch Auction Cap (as defined in the Offer to Purchase) at any time, which could result in purchasing a greater principal amount of Notes in the Offers.

BofA Merrill Lynch is serving as Dealer Manager in connection with the Offers. Global Bondholder Services Corporation is serving as Depositary and Information Agent in connection with the Offers. Persons with questions regarding the Offers should contact BofA Merrill Lynch at (888) 292-0070 (toll free) or (980) 387-3907 (collect). Requests for copies of the Offer to Purchase or the Letter of Transmittal may be directed to Global Bondholder Services Corporation at (866) 488-1500 (toll free) or (212) 430-3774 (collect).

THE OFFERS ARE BEING MADE SOLELY ON THE TERMS AND CONDITIONS SET FORTH IN THE OFFER TO PURCHASE AND THE LETTER OF TRANSMITTAL.UNDER NO CIRCUMSTANCES SHALL THIS PRESS RELEASE CONSTITUTE AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL THE NOTES OR ANY OTHER SECURITIES OF THE COMPANY.THE OFFERS ARE BEING MADE ONLY BY THE OFFER TO PURCHASE DATED FEBRUARY 21, 2012 AND THE RELATED LETTER OF TRANSMITTAL.

THE OFFERS ARE NOT BEING MADE IN ANY JURISDICTION IN WHICH, OR TO OR FROM ANY PERSON TO OR FROM WHOM, IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION UNDER APPLICABLE SECURITIES OR BLUE SKY LAWS.IN ANY JURISDICTION WHERE THE LAWS REQUIRE TENDER OFFERS TO BE MADE BY A LICENSED BROKER OR DEALER, THE OFFERS WILL BE DEEMED TO BE MADE ON BEHALF OF THE COMPANY BY THE DEALER MANAGER, OR ONE OR MORE REGISTERED BROKER DEALERS UNDER THE LAWS OF SUCH JURISDICTION.

About Janus Capital Group Inc.

Janus Capital Group Inc. is a global investment firm offering strategies from three individual investment boutiques: Janus Capital Management LLC (aJanusa), INTECH Investment Management LLC (aINTECHa) and Perkins Investment Management LLC (aPerkinsa). Each manager employs a research-intensive approach that is distinct within its respective asset class. This multi-boutique approach enables the firm to provide style-specific expertise across an array of strategies, including growth, value and risk-managed equities, fixed income and alternatives through one common distribution platform.

At the end of December 2011, JCG managed $148.2 billion in assets for shareholders, clients and institutions around the globe. Based in Denver, JCG also has offices in France, London, Milan, Munich, Singapore, Hong Kong, Tokyo and Melbourne.

Certain statements in this press release constitute aforward-looking statementsa. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words abelievesa, aexpectsa, aanticipatesa, aintendsa, aprojectsa, aestimatesa, aplansa, amay increasea, amay fluctuatea, aforecasta and similar expressions or future or conditional verbs such as awilla, ashoulda, awoulda, amaya and acoulda are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements. These statements are based on the beliefs and assumptions of Company management based on information currently available to management.

Various risks, uncertainties, assumptions and factors that could cause future results to differ materially from those expressed by the forward-looking statements included in this press release include, but are not limited to, risks specified in the Companyas Annual Report on Form10-K for the year ended December31, 2011 included under headings such as aRisk Factorsa and aManagementas Discussion and Analysis of Financial Condition and Results of Operationsa and in other filings and furnishings made by the Company with the SEC from time to time. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this press release may not occur. Many of these factors are beyond the control of the Company and its management. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated, or if no date is stated, as of the date of this press release. Except for the Companyas ongoing obligations to disclose material information under the applicable securities law and stock exchange rules, the Company undertakes no obligation to release any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events.

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