Transaction|May 26, 2020
CI Financial completes debenture offering
Torys acted as counsel to the syndicate of dealers with a team that included Glen Johnson, Stephen Abrahamson and Marco Cator (corporate/securities) and Richard Johnson (tax).
On May 26, 2020, CI Financial Corp. ("CI Financial") completed its previously announced offering of debentures with an aggregate principal amount of C$450 million. The debentures bear interest at a rate per annum of 3.759% and will mature on May 26, 2025.
The debentures were offered through a syndicate of dealers led by National Bank Financial Inc. and CIBC Capital Markets.
CI Financial is an is an independent company offering global asset management and wealth management advisory services.
Further information can be found on Canada Newswire's website.