CI Financial Announces Early Redemption of Debentures Due July 2023
TORONTO--(BUSINESS WIRE)--CI Financial Corp. (“CI”) (TSX:CIX; NYSE:CIXX) today announced its intention to redeem all of the outstanding $325 million principal amount of 3.520% debentures due July 20, 2023 (“2023 Debentures”). The 2023 Debentures were issued on July 20, 2018. CI intends to redeem the 2023 Debentures on or about February 19, 2021 (the “Redemption Date”) in accordance with their terms. The redemption price will be the greater of (i) the 2023 Canada Yield Price as defined in the su
CI Financial Announces Early Redemption of Debentures Due July 2023
TORONTO--(BUSINESS WIRE)--CI Financial Corp. (“CI”) (TSX:CIX; NYSE:CIXX) today announced its intention to redeem all of the outstanding $325 million principal amount of 3.520% debentures due July 20, 2023 (“2023 Debentures”). The 2023 Debentures were issued on July 20, 2018. CI intends to redeem the 2023 Debentures on or about February 19, 2021 (the “Redemption Date”) in accordance with their terms. The redemption price will be the greater of (i) the 2023 Canada Yield Price as defined in the su