Affiliated Managers to remarket 4 1/8% notes due 2010

By Jennifer Chiou

New York, Feb. 8 - Affiliated Managers Group, Inc. (AMG) entered into an agreement to remarket its 4 1/8% senior notes due Feb. 17, 2010, according to an 8-K filing with the Securities and Exchange Commission.

AMG said that the notes are a component of its Income Prides issued in February 2004.

The Boston-based asset manager announced that the remarketing will begin on Wednesday, when the purchase contracts comprising part of the Prides are settled.

The company said it intends to submit a bid to the remarketing agent to acquire all of the remarketed notes at the required price of 100.25%.

AMG previously said on Jan. 24 that it planned to retire the Prides.

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