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Jupiter Fund Management Announces Redemption of Subordinated Notes

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Jupiter Fund Management Announces Redemption of Subordinated Notes

Jupiter Fund Management Plc ( (GB:JUP) ) just unveiled an update.

Jupiter Fund Management Plc has announced the redemption of its 8.875% Fixed Rate Reset Callable Subordinated Notes due 2030. The redemption, set for April 28, 2025, will be executed at 100% of the principal amount plus any accrued interest, leading to the cancellation of the notes’ listing on the London Stock Exchange. This move reflects Jupiter’s strategic financial management and may impact its capital structure and investor relations.

More about Jupiter Fund Management Plc

Jupiter Fund Management Plc operates in the financial services industry, focusing on investment management and fund management services. The company offers a range of investment products and services to individual and institutional investors, with a market focus on delivering strong, long-term investment performance.

YTD Price Performance: -15.22%

Average Trading Volume: 1,226,937

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £393.3M

Learn more about JUP stock on TipRanks’ Stock Analysis page.

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