Legg Mason, Inc. is offering % Junior Subordinated Notes due 2056. The Notes will bear interest at a fixed rate, payable quarterly, with the option to defer interest payments. The Notes are unsecured and subordinated to all Senior Indebtedness. The offering is not contingent on the completion of recent acquisitions. The Notes may be redeemed at Legg Mason's option under certain conditions. The document outlines the terms, risks, and tax considerations associated with the Notes.
documents/EFTA01110478.pdf
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