
Company Website:
http://ir.janus.com/
DENVER -- (Business Wire)
Janus Capital Group Inc. (“JCG” or the “Company”) (NYSE: JNS) today
announced the preliminary results for its previously announced tender
offers (the “Offers”) to purchase for cash up to $100 million aggregate
principal amount of its outstanding 6.119% Senior Notes due 2014 (the
“2014 Notes”) and 6.700% Senior Notes due 2017 (the “2017 Notes” and
together with the 2014 Notes, the “Notes”) on the terms and subject to
the conditions set forth in the offer to purchase dated February 21,
2012 (the “Offer to Purchase”) and the related letter of transmittal
(the “Letter of Transmittal”).
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were validly tendered and not validly withdrawn at or before 5:00 p.m.,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 “Early Tender Deadline”) 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 “2014 Notes”)
|
|
|
|
|
47102XAC9
|
|
|
|
|
$82,385,000
|
|
|
|
|
$43,014,000
|
6.700% Notes due 2017 (the “2017 Notes”)
| | | | |
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validly tendered and not validly withdrawn at or prior to the Early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
(“Janus”), INTECH Investment Management LLC (“INTECH”) and Perkins
Investment Management LLC (“Perkins”). 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 “forward-looking
statements”. 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
“believes”, “expects”, “anticipates”, “intends”, “projects”,
“estimates”, “plans”, “may increase”, “may fluctuate”, “forecast” and
similar expressions or future or conditional verbs such as “will”,
“should”, “would”, “may” and “could” 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 Company’s Annual Report on
Form 10-K for the year ended December 31, 2011 included under headings
such as “Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” 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 Company’s 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.

Contacts:
Janus Capital Group
Investors:
John Groneman, 303-336-7466
or
Media:
Rona
Gilbert, 303-336-4566
Source: Janus Capital Group
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