Business
Power Corporation of Canada - Closing of issue of debentures
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATE...
About this update from Power Corporation Of Canada
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n\n\nDISSEMINATION IN THE UNITED STATES/\n\n\nReaders are referred to the section entitled "Forward-looking\n\n\nStatements" at the end of this release.\n\n\nMONTREAL, April 20 /CNW Telbec/ - Power Corporation of Canada announced\nthat it has completed its offering of aggregate principal amount of $400\nmillion debentures consisting of $250 million principal amount of 7.57%\ndebentures due April 22, 2019 and $150 million principal amount of 8.57%\ndebentures due April 22, 2039.\n\n\nThe debentures were issued through a syndicate of agents led by BMO\nNesbitt Burns Inc. and Scotia Capital Inc.\n\n\nThe securities offered have not been and will not be registered under the\nU.S. Securities Act of 1933, as amended, and may not be offered or sold in the\nUnited States absent registration or an applicable exemption from the\nregistration requirements. This press release shall not constitute an offer to\nsell or the solicitation of an offer to buy nor shall there be any sale of the\nsecurities in any State in which such offer, solicitation or sale would be\nunlawful.\n\n\nPower Corporation of Canada (TSX:POW) is a diversified international\nmanagement and holding company with interests in the financial services\nindustry in North America and Europe. Through affiliates, Power holds\ndiversified industrial interests in Europe and China.\n\n\nForward-looking Statements\n\n\n--------------------------\n\n\nCertain statements in this News Release, other than statements of\nhistorical fact, are forward-looking statements based on certain assumptions\nand reflect the Corporation's and its subsidiaries' current expectations.\nForward-looking statements are provided for the purposes of assisting the\nreader in understanding the Corporation's financial position and results of\noperations as at and for the periods ended on certain dates and to present\ninformation about management's current expectations and plans relating to the\nfuture and readers are cautioned that such statements may not be appropriate\nfor other purposes. These statements may include, without limitation,\nstatements regarding the operations, business, financial condition, expected\nfinancial results, performance, prospects, opportunities, priorities, targets,\ngoals, ongoing objectives, strategi...