IGM Financial completes C$250 million debenture offering

On December 7, 2017, IGM Financial Inc. ("IGM Financial") announced that it completed its previously announced offering of C$250 million principal amount of 4.115% debentures due December 9, 2047.

The debentures were offered through a group of agents led by BMO Capital Markets and TD Securities.

The net proceeds will be used by IGM Financial to repay upcoming long-term debt maturities and for general corporate purposes.

IGM Financial is one of Canada's premier personal financial services companies, and one of the country's largest managers and distributors of mutual funds and other managed asset products, with approximately C$157 billion in total assets under management as of November 30, 2017.

Further information can be found on Canada Newswire's website.