iA Financial Corporation Inc (TSE:IAG) has released an update.
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iA Financial Corporation Inc. is exploring the possibility of issuing Limited Recourse Capital Notes, with its subsidiary, Industrial Alliance Insurance and Financial Services Inc., considering redeeming its Preferred Shares Series B if the notes offering goes through. However, there are no guarantees that either the notes offering or the redemption of shares will occur as planned. The company emphasizes that this news release is not an offer to sell these securities in any jurisdiction where such an offer would be illegal.
For further insights into TSE:IAG stock, check out TipRanks’ Stock Analysis page.
