Janus Henderson Group

S&P Global Ratings has cut Janus Henderson’s long-term rating from BBB+ to BB following completion of the buyout by a consortium led by Trian and General Catalyst. Existing senior unsecured notes were downgraded to B+ because they are subordinated to secured liabilities in the newly formed parent company, Jupiter. Jupiter has drawn a $2.9bn Term Loan B and a $500m revolver; S&P expects leverage of 3.0x–4.0x and liquidity of about $300–400m, assigns a stable outlook, and says a further downgrade could occur if leverage rises above 5.0x or AUM falls sharply. » Więcej na de.investing.com

Janus Henderson has obtained the regulatory clearances and client approvals required for its take-private transaction with Trian Fund Management and General Catalyst, moving the deal closer to completion. Shareholders already voted in favour and the transaction is scheduled to close on 30 June 2026, subject to final closing conditions. Under the agreement, public shareholders will receive $52 in cash per share and Janus Henderson will be delisted from the NYSE upon completion. » Więcej na finance.yahoo.com

Janus Henderson has signed an agreement to acquire Rantum Capital, an investment manager specializing in private debt and private equity for family-owned mid-market companies in the DACH region. Rantum has raised roughly €1.2 billion of capital for its private-credit and private-equity strategies and is expected to support Janus Henderson’s build-out of its pan‑European private‑credit platform. The transaction is due to close in the third quarter of 2026; financial terms were not disclosed. Janus Henderson managed about $480 billion as of March 31, 2026, and the acquisition strengthens its presence in Germany and the DACH region. » Więcej na de.investing.com

Janus Henderson will liquidate the Janus Henderson U.S. Real Estate ETF (ticker: JRE); creation/subscription orders will no longer be accepted after market close on 6 August 2026 and trading will be suspended before market open on 7 August 2026. The distribution of the liquidation proceeds is planned for on or about 13 August 2026. The firm emphasizes it will remain active in real estate equities and is offering clients alternative products managed by its real estate equities team; Janus Henderson managed around USD 480 billion as of 31 March 2026. » Więcej na de.investing.com

Jupiter Borrower Inc., a subsidiary of Trian, has announced a cash tender offer for all outstanding 5.450% senior notes of Janus Henderson due 2034 with a principal amount of $400 million at 101% plus accrued interest. The offer is related to the planned acquisition of Janus Henderson by funds affiliated with Trian and General Catalyst and is intended to address an anticipated change-of-control and below-investment-grade event. The deadline is July 1, 2026, payment is expected around July 7, 2026, and completion is subject to the occurrence of the change-of-control repurchase event and other conditions. » Więcej na de.investing.com