Affiliated Managers Group attracted $221 million for its recent issue...

Affiliated Managers Group attracted $221 million for its recent issue of zero-coupon convertible debt. Merrill Lynch, which offered the notes to institutional investors, exercised its over-allotment option and bought about $50 million worth of zero-coupon convertible senior notes. AMG officials said the proceeds from the sales of notes will be used to pay down debt and for general corporate purposes.