Term Loan Facility

words.Acadian Asset Management Inc. fully redeemed its $275 million 4.800% senior notes due 2026, using a $200 million term‑loan facility and cash. Earlier in the month, its subsidiary secured a $200 million three‑year term loan and a $175 million revolving credit line, both maturing in 2028. The refinancing lowers leverage, enhances liquidity, and funds continued investment in data‑driven systematic strategies. With roughly $166 billion AUM, Acadian highlights strong cash generation, disciplined capital allocation, and a focus on scaling cloud‑based analytics and quantitative talent.

MSP Recovery, Inc. (NASDAQ: MSPR) announced a non-binding term sheet for a secured term loan facility of up to $55 million to bolster working capital and growth. The facility is divided into two tranches and secured by a first-priority lien. Warrants issued to the lender, could represent roughly 46.0% of MSP Recovery’s fully diluted equity if fully drawn. The deal includes potential for the investor to acquire additional claim rights, and lender oversight, including a possible Chief Restructuring Officer appointment. Certain aspects are subject to shareholder approval.