iA Financial Corporation Inc (TSE:IAG) has released an update.
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iA Financial Corporation Inc. has successfully completed its offering of $350 million in 6.921% Limited Recourse Capital Notes due in 2084, accompanied by the issuance of Class A Preferred Shares, Series B, held by a trust. The notes and shares have achieved stable ratings from Morningstar DBRS and S&P Global Ratings, indicating investor confidence. The offering was facilitated by leading financial institutions and falls under the Company’s current shelf prospectus.
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