Filed Pursuant to Rule 433 Dated as of July 26, 2016 Registration Statement No. 333- 207781 | |
Issuer: | OM Asset Management plc (“Company”) |
Security: | 4.800% Notes due 2026 |
Offering Format: | SEC-registered |
Trade Date: | July 26, 2016 |
Expected Settlement Date: | July 29, 2016 (T+3) |
Principal Amount: | $25,000,000 aggregate principal amount of notes offered hereby will be part of the same series of notes as the $250,000,000 aggregate principal amount of 4.800% Senior Notes due 2026 issued and sold by the Company on July 25, 2016. Upon settlement, the notes will be fungible with and treated as a single series with these existing notes, and the aggregate principal amount of the existing notes and the notes offered hereby will be $275,000,000. The notes will have the same terms as the existing notes, other than initial issue price and issue date. |
Maturity: | July 27, 2026 |
Interest Payment Dates: | January 27 and July 27, commencing January 27, 2017 (long first coupon) |
Denominations: | $2,000 and increments of $1,000 (in excess thereof) |
Optional Redemption: | Company may redeem all or a portion of the notes at any time, or from time to time, at a redemption price equal to the greater of (1) 100% of the principal amount or (2) the sum of the present values of the principal amount and the remaining scheduled payments of interest on the notes to be redeemed, discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 50 basis points, in each case, plus any accrued and unpaid interest to, but excluding, the redemption date. |
Redemption for Tax Reasons: | Company may redeem the notes in whole, but not in part, at 100% of the principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date if certain changes in the law of any relevant taxing jurisdiction become effective that would impose withholding taxes on the payments on the notes. |
Benchmark Treasury: | 1.625% due May 15, 2026 |
Benchmark Treasury Price / Yield: | 100-15+; 1.571% |
Spread to Benchmark Treasury: | T + 325 basis points |
Re-Offer Yield: | 4.821% |
Coupon: | 4.800% |
Price to Public: | 99.834% of the principal amount of the notes, plus accrued interest from July 25, 2016 equal to $13,333.33 |
Net Proceeds to Issuer (before expenses): | $24,796,000 (excluding accrued interest) |
CUSIP / ISIN: | 67110KAA9/US67110KAA97 |
Expected Ratings and Outlook*: | Moody’s: Baa2 (Stable) / S&P: BBB- (Stable) |
Joint Book-Running Managers: | Citigroup Global Markets Inc. Merrill Lynch, Pierce, Fenner & Smith Incorporated RBC Capital Markets, LLC Wells Fargo Securities, LLC |
Co-Managers: | BNY Mellon Capital Markets, LLC Credit Suisse Securities (USA) LLC Morgan Stanley & Co. LLC |
Three Months Ended | Years Ended | |||||||||||||
March 31, | December 31, | |||||||||||||
2016 | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||
Ratio of earnings to fixed charges | 96.5x | 55.6x | 72.8x | 2.7x | 1.8x | 1.6x | 1.6x | |||||||