Transaction|July 22, 2019
CI Financial Corp. completes C$350 million public offering of debentures
Torys acted as counsel to CIBC World Markets and the syndicate of dealers with a team that included Glen Johnson, Riley Harmon and Emma Sako (corporate/securities) and Richard Johnson (taxes).
On July 22, 2019, CI Financial Corp. ("CI Financial") announced the successful completion of its previously announced offering of debentures with an aggregate principal amount of C$350 million. The debentures bear interest at a rate per annum of 3.215% and will mature on July 22, 2024.
The debentures were offered through a syndicate of dealers led by CIBC Capital Markets and National Bank Financial Inc.
CI Financial is an independent Canadian company offering global asset management and wealth management advisory services.
Further information can be found on Canada Newswire's website.