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iA Financial Corporation Inc. Announces Consideration of Limited Recourse Capital Notes Offering and Industrial Alliance Insurance and Financial Services Inc. Announces Potential Redemption of its Preferred Shares
iA Financial Corporation Inc. Announces Consideration of Limited Recourse Capital Notes Offering ...
About this update from Ia Financial Corporation Inc.
[{"type":"text","content":"\n \n \n \n iA Financial Corporation Inc. Announces Consideration of Limited Recourse Capital Notes Offering and Industrial Alliance Insurance and Financial Services Inc. Announces Potential Redemption of its Preferred Shares\n \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.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbbb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n \n \n QUEBEC CITY\n \n \n ,\n \n \n June 17, 2024\n \n \n /CNW/ - iA Financial Corporation Inc. (TSX: IAG) (the \"\n \n Company\n \n \") announced today that it is considering an offering of Limited Recourse Capital Notes (the \"\n \n Notes\n \n \") under its short form base shelf prospectus dated\n \n April 25, 2024\n \n (the \"\n \n Offering\n \n \").\n \n \n Industrial Alliance Insurance and Financial Services Inc. (TSX: IAF) (\"\n \n Industrial Alliance\n \n \"), a subsidiary of the Company, announced that if the Offering is completed it intends to redeem its issued and outstanding Non‑Cumulative Class A Preferred Shares Series B (the \"\n \n Preferred Shares\n \n \") pursuant to their terms.\n \n \n There is no certainty that the Company will ultimately complete the Offering being considered or as to the timing or terms on which such an offering might be completed and no certainty that Industrial Alliance will redeem the Preferred Shares.\n \n \n \n Notice\n \n \n \n This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in w...