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Fiera Capital Files Prospectus for $70 Million Debenture Offering

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Fiera Capital Files Prospectus for $70 Million Debenture Offering

Confident Investing Starts Here:

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

Fiera Capital Corporation, a Montreal-based company, has announced the filing of a final short form prospectus for its $70 million public offering of 7.75% senior subordinated unsecured debentures due in 2030. This offering, expected to close around June 3, 2025, is part of Fiera Capital’s strategy to strengthen its financial position and expand its market presence. The debentures are not registered under the U.S. Securities Act, and the offering is limited to Canadian provinces, highlighting the company’s focus on the Canadian market.

The most recent analyst rating on (TSE:FSZ) stock is a Hold with a C$7.50 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’s overall performance is mixed. Strengths include solid profitability and cash flow, alongside strategic initiatives. However, challenges such as declining AUM, high leverage, and bearish technical indicators weigh on the outlook. The combination of these factors results in a moderate stock score.

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

More about Fiera Capital A

Average Trading Volume: 375,293

Technical Sentiment Signal: Sell

Current Market Cap: C$616.9M

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

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