OM Asset Management’s $125 million of 5.125% $25-par senior notes due 2031 admitted to NYSE

By Stephanie N. Rotondo

Seattle, Aug. 19 – OM Asset Management plc’s $125 million of $25-par senior notes due 2031 listed on the New York Stock Exchange on Friday.

The deal came July 27 at par to yield 5.125%. Price talk was in the 5.25% area, a market source said.

The ticker symbol is “OMAA.”

BofA Merrill Lynch, Wells Fargo Securities LLC and Citigroup Global Markets Inc. were the joint bookrunners. RBC Capital Markets was the joint lead manager.

Interest will be payable quarterly, the company said in a prospectus filed with the Securities and Exchange Commission. The issue will be redeemable at par plus accrued interest on or after Aug. 1, 2019.

Proceeds will be used for general corporate purposes.

OM Asset is a London-based asset management company.

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