tiprankstipranks
iA Financial Group’s Successful $350M Capital Notes Offering
Company Announcements

iA Financial Group’s Successful $350M Capital Notes Offering

iA Financial Corporation Inc (TSE:IAG) has released an update.

Don't Miss Our Christmas Offers:

iA Financial Corporation Inc. has successfully completed its offering of $350 million in 6.921% Limited Recourse Capital Notes due in 2084, accompanied by the issuance of Class A Preferred Shares, Series B, held by a trust. The notes and shares have achieved stable ratings from Morningstar DBRS and S&P Global Ratings, indicating investor confidence. The offering was facilitated by leading financial institutions and falls under the Company’s current shelf prospectus.

For further insights into TSE:IAG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskiA Financial Closes $400M Debenture Offering
TipRanks Canadian Auto-Generated NewsdeskiA Financial Group Launches $400 Million Debenture Offering
TipRanks Canadian Auto-Generated NewsdeskiA Financial Announces Strong Q3 Results and Dividend Hike
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App