Canada NewsWire
QUEBEC CITY , Feb. 23, 2022 /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 February 23 2027 (the " Debentures ") pursuant to the notice of redemption sent to registered holders of Debentures on January 20, 2022. These debentures represent a principal amount of $250 million . 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) $1,000 and (ii) all accrued and unpaid interest.
About iA Financial Group
iA Financial Group is one of the largest insurance and wealth management groups in
Canada
, with operations in
the United States
. 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).
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iA Financial Group is a business name and trademark of iA Financial Corporation Inc. and Industrial Alliance Insurance and Financial Services Inc. |
SOURCE iA Financial Group
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