Russell Investment Group completes $1.225 billion strategic financing transaction.
On January 22, according to Russell Investments Group, the group recently completed a $1.225 billion strategic financing, with the investment coming from Apollo's managed hybrid and credit strategy funds. This transaction will fully repay the existing term loans provided by various lenders to Russell Investments Group through refinancing, and extend the maturity date of the group's debt by seven years. This refinancing will not change the equity structure or daily operations of Russell Investments, and client investment portfolios, investment processes, and service delivery will remain unchanged.
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