Genstar Capital-backed First Eagle Investments is seeking $575 million from a junk-bond sale to help fund its acquisition of boutique asset manager Diamond Hill Investment Group Inc. [1]
The notes are expected to mature in 2032. [1]
First Eagle also has an investor call scheduled for Monday at 10:30 a.m. Eastern Time as it prepares the offering. [1]
Bloomberg reported on 2026-05-04 that First Eagle was seeking the debt financing for the planned Diamond Hill purchase. [1]
The notes are expected to be priced later this week. [1]