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iA Financial Group Completes Redemption of Subordinated Debentures

iA Financial Corporation Inc. has redeemed all of its 3.072% Subordinated Debentures that were due on September 24, 2031. Each debenture was redeemed at a payment amount of $1,015.36 for each $1,000 principal. The redemption included the payment of accrued and unpaid interest.

about 1 month ago • 1 Canadian Sources Corroborated
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QUEBEC CITY — iA Financial Corporation Inc. has successfully completed the redemption of its 3.072% Subordinated Debentures, which were due on September 24, 2031. The Company redeemed these financial instruments at a payment of $1,015.36 for each $1,000 principal amount of the debentures, which is equivalent to par value. Additionally, redeemed debenture holders received payment for any accrued and unpaid interest associated with these securities. This move is part of iA Financial's ongoing financial strategy and commitment to managing its capital structure appropriately. The redemption may impact bondholders and investors who are involved in iA Financial's financial products, and it reflects the corporation's financial health and ability to meet its obligations.

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iA Financial Group Redeems 3.072% Subordinated Debentures Due September 24, 2031
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