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Fiera Capital Corporation announces exercise in full and closing of over-allotment option in connection with bought deal public offering of 5.60% Senior Subordinated Unsecured Debentures
Fiera Capital Corporation announces exercise in full and closing of over-allotment option ...
About this update from Fiera Capital Corporation Class A
[{"type":"text","content":"\n\n\n\nFiera Capital Corporation announces exercise in full and closing of over-allotment option in connection with bought deal public offering of 5.60% Senior Subordinated Unsecured Debentures\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTREAL, July 9, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n MONTREAL, July 9, 2019 /CNW Telbec/ - Fiera Capital Corporation (\"Fiera Capital\" or the \"Company\") (TSX: FSZ) is pleased to announce that it has issued an additional $10 million aggregate principal amount of 5.60% senior subordinated unsecured debentures (the \"Debentures\") following the exercise in full of the over-allotment option granted to the underwriters in connection with Fiera Capital's previously completed public offering of Debentures. \nThe Debentures bear interest at a rate of 5.60% per annum, payable semi-annually in arrears on January 31 and July 31 of each year, with the first interest payment on January 31, 2020. The Debentures will mature on July 31, 2024. The Debentures are listed on the Toronto Stock Exchange under the symbol \"FSZ.DB.A\".\nThe Company intends to use the net proceeds of the Offering to fund recently announced acquisitions, to repay indebtedness and for general corporate purposes. CIBC Capital Markets and RBC Capital Markets acted as joint-bookrunners and co-leads, on behalf of a syndicate co-led by Desjardins Capital Markets, BMO Capital Markets and Scotiabank.\nThe securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.\nForward-Looking Statements\nThis document may contain certain forward-...