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iA Financial Group Completes the Redemption of its 2.64% Subordinated Debentures due February 23, 2027
iA Financial Group Completes the Redemption of its 2.64% Subordinated Debentures due Febr...
About this update from Ia Financial Corporation Inc.
[{"type":"text","content":"\n \n \n \n iA Financial Group Completes the Redemption of its 2.64% Subordinated Debentures due February 23, 2027\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; FONT-SIZE: 8PT; FONT-FAMILY: ARIAL; COLOR: BLACK; MARGIN:0em; BORDER-TOP:black 0pt initial; BORDER-RIGHT:black 0pt initial; BORDER-BOTTOM:black 0pt initial; BORDER-LEFT:black 0pt initial\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n QUEBEC CITY\n \n \n ,\n \n \n Feb. 23, 2022\n \n \n /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. today announced that it has completed the previously announced redemption of its 2.64% Subordinated Debentures due\n \n February 23\n \n 2027 (the \"\n \n Debentures\n \n \") pursuant to the notice of redemption sent to registered holders of Debentures on January 20, 2022. These debentures represent a principal amount of\n \n $250 million\n \n . Industrial Alliance Insurance and Financial Services Inc. has paid a redemption amount of $1,013.20 for each $1,000 principal amount of Debentures, being equal to the aggregate of (i)\n \n $1,000\n \n and (ii) all accrued and unpaid interest.\n \n \n \n About iA Financial Group\n \n \n iA Financial Group is one of the largest insurance and wealth management groups in\n \n Canada\n \n , with operations in\n \n the United States\n \n . Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).\n \n \n \n ia.ca\n \n \n \n \n \n \n \n \n \n \n \n iA Financial Group is a business name and trademark of\n \n iA Financial Corporation Inc.\n \n and\n \n Industrial Alliance Insurance and Financial Services Inc.\n \n \n \n \n \n \n \n \n SOURCE iA Financial Group\n \n \n \n \n \n \n View original content...