Janus Capital Group Announces Launch of $100 Million Cash Tender Offers For Outstanding Debt

Janus Capital Group JNS today announced that it is offering to purchase for cash up to $100 million aggregate principal amount of its outstanding 6.119% Senior Notes due 2014 and 6.700% Senior Notes due 2017 (collectively, the “Notes”). JCG is making two separate offers to purchase (the “Offers”) on the terms and subject to the conditions described in the offer to purchase dated February 21, 2012 (the “Offer to Purchase”) and the accompanying letter of transmittal (the “Letter of Transmittal”). The Offers are being conducted (i) as an any and all offer (the “Any and All Offer”) for JCG's 6.119% Notes due 2014 and (ii) as a modified “Dutch Auction” (the “Dutch Auction Offer”) with respect to JCG's 6.700% Senior Notes due 2017.
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