CI Financial (TSE:CIX) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
CI Financial Corp. has announced a debenture offering to raise $325 million with a 6% interest rate, aiming to refinance its current debt. The offering received a high demand, being oversubscribed, and is expected to close on September 20, 2024. Proceeds will also support general corporate purposes after debt refinancing.
For further insights into TSE:CIX stock, check out TipRanks’ Stock Analysis page.
