Amg Capital Trust II
AATRL
Other OTC73.50
USD
+73.02
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Amg Capital Trust II
AATRL
(Other OTC)
Recent
price
73.50
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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- Business
- AMG Capital Trust II (AATRL) operates as a Delaware statutory trust whose sole purpose is to issue and sell 5.15% Convertible Trust Preferred Securities due October 15, 2037, with a liquidation preference of $50 per security, and common securities to Affiliated Managers Group, Inc.; these securities are backed by junior subordinated convertible debentures issued by its parent sponsor, Affiliated Managers Group, Inc. (NYSE: AMG), a global asset management company founded in 1993 and headquartered in West Palm Beach, Florida. The trust conducts no other business activities and maintains its principal address aligned with AMG at 777 South Flagler Drive, West Palm Beach, FL 33401, United States. Headquartered in the United States, the trust's securities trade over-the-counter (OTCMKTS: AATRL) and are held primarily by institutional investors including mutual funds and ETFs focused on convertible securities. In a significant capital structure simplification announced in December 2025, Affiliated Managers Group delivered notice to redeem all outstanding 5.15% Convertible Trust Preferred Securities of AMG Capital Trust II on December 29, 2025, at 100% of principal amount plus accrued and unpaid interest, funded by proceeds from a $425 million 5.500% senior notes offering due 2036. This full redemption eliminates the convertible preferred securities, avoids incremental share issuance upon potential conversions, and maintains AMG's long-duration debt profile while refinancing at a comparable rate. No other recent partnerships, acquisitions, funding rounds, or product launches directly involve the trust, as its operations remain limited to the now-redeeming securities.
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