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Fiera Capital Announces Redemption of 8.25% Debentures

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Fiera Capital Announces Redemption of 8.25% Debentures

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The latest announcement is out from Fiera Capital A ( (TSE:FSZ) ).

Fiera Capital Corporation announced the redemption of its 8.25% senior subordinated unsecured debentures due December 31, 2026, with a redemption date set for December 31, 2025. This move involves redeeming $67,250,000 in aggregate principal amount of debentures, impacting the company’s financial obligations and potentially influencing its market positioning and stakeholder relations.

The most recent analyst rating on (TSE:FSZ) stock is a Hold with a C$7.00 price target. To see the full list of analyst forecasts on Fiera Capital A stock, see the TSE:FSZ Stock Forecast page.

Spark’s Take on TSE:FSZ Stock

According to Spark, TipRanks’ AI Analyst, TSE:FSZ is a Neutral.

Fiera Capital A’s overall stock score reflects strong operational efficiency and attractive dividend yield, but is tempered by challenges in revenue growth and high leverage. The technical indicators suggest a lack of strong momentum, while the earnings call provided a mixed sentiment with both positive and negative aspects.

To see Spark’s full report on TSE:FSZ stock, click here.

More about Fiera Capital A

Fiera Capital Corporation is a leading independent asset management firm with a global presence, offering customized and multi-asset solutions across public and private market asset classes. The company serves institutional, financial intermediary, and private wealth clients across North America, Europe, Asia, and the Middle East. Headquartered in Montreal, Fiera Capital has offices in over a dozen cities worldwide, including New York, London, Hong Kong, and Abu Dhabi. The company is listed on the Toronto Stock Exchange under the ticker FSZ.

Average Trading Volume: 349,346

Technical Sentiment Signal: Sell

Current Market Cap: C$646.1M

See more insights into FSZ stock on TipRanks’ Stock Analysis page.

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