Janus Henderson completed financing actions tied to its take-private merger, entering a new senior secured credit agreement while retiring prior instruments. The company obtained a $2.9 billion first-lien term loan, fully drawn at closing, and a $500 million first-lien revolving facility that remained undrawn. Concurrently, Janus Henderson terminated its undrawn $200 million unsecured revolver with Bank of America Europe and extinguished a Guardian Life equity warrant at the merger’s Effective Time. These steps consolidate liquidity under secured facilities and streamline the post-merger capital structure.
Agreement 1: Janus Henderson Secures $2.9 Billion Term Loan and $500 Million Revolver to Support Take-Private
- Agreement type: Senior secured first-lien term loan and revolving credit facilities
- Counterparty: JPMorgan Chase Bank, as administrative agent, and other lenders
- Signed / Effective: Jun 30 2026 / Jun 30 2026
- Duration / Termination: N/A
- Reason: Finance take-private merger and provide liquidity
Agreement 2: Janus Henderson Ends Undrawn $200 Million Unsecured Revolver With Bank of America Europe
- Agreement terminated: Unsecured revolving credit facility
- Counterparty: Bank of America Europe
- Original agreement date: Jun 30 2023
- Termination date: Jun 30 2026
- Termination type: Early
- Exit fees / payments: None
- Reason: Replaced by new secured facilities after merger
Agreement 3: Janus Henderson Guardian Warrant Ceases as Part of Merger Closing
- Agreement terminated: Equity warrant to purchase ordinary shares
- Counterparty: Guardian Life Insurance Company of America
- Original agreement date: Jun 30 2025
- Termination date: Jun 30 2026
- Termination type: Early
- Exit fees / payments: None
- Reason: Eliminated at merger closing
Original SEC Filing:
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