Edition:
United States

Oaktree Capital to incur pre-tax charge of $23 mln in Q4


Thursday, 16 Nov 2017 10:32pm EST 

Nov 16 (Reuters) - Oaktree Capital Group LLC :OAKTREE ANNOUNCES DEFINITIVE AGREEMENT FOR $250 MILLION SENIOR NOTES OFFERING.OAKTREE CAPITAL - ‍REDEMPTION OF 2019 NOTES IS EXPECTED TO RESULT IN ONE-TIME, PRE-TAX CHARGE OF ABT $23 MILLION TO ADJUSTED NET INCOME IN Q4 OF 2017​.