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Intact Financial Corporation Announces Successful Completion of Consent and Proxy Solicitation Regarding $2.9 Billion Aggregate Principal of Medium Term Notes
Intact Financial Corporation Announces Successful Completion of Consent and Proxy Solicitation Re...
About this update from Intact Financial Corporation
[{"type":"text","content":"\n\n\n\n Intact Financial Corporation Announces Successful Completion of Consent and Proxy Solicitation Regarding $2.9 Billion Aggregate Principal of Medium Term Notes\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.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbsbls{\nBORDER-LEFT:black 0.5pt solid\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n\n\n\n\n\n Canada NewsWire\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 TORONTO\n \n\n ,\n \n\n June 6, 2025\n \n\n /CNW/ - Intact Financial Corporation (TSX: IFC) (\"\n \n Intact\n \n \" or the \"\n \n Company\n \n \") announced today that, in connection with its previously announced consent and proxy solicitation, it has received the requisite written consents to amend the indenture governing 10 series of Canadian dollar-denominated medium term notes representing\n \n $2.9 billion\n \n aggregate principal amount.\n \n\n As previously announced, Intact solicited written consents and proxies (the \"\n \n Consent and Proxy Solicitation\n \n \") whereby holders (collectively, \"\n \n Noteholders\n \n \") of Intact's outstanding Series 2 6.40% unsecured medium term notes due\n \n November 23, 2039\n \n , Series 3 6.20% unsecured medium term notes due\n \n July 8, 2061\n \n , Series 5 5.16% unsecured medium term notes due\n \n June 16, 2042\n \n , Series 6 3.77% unsecured medium term notes due\n \n March 2, 2026\n \n , Series 7 2.85% unsecured medium term notes due\n \n June 7, 2027\n \n , Series 9 1.928% unsecured medium term notes due\n \n December 16, 2030\n \n , Serie...