CI Financial to redeem C$325 million 3.52% debentures at 107.002

By Wendy Van Sickle

Columbus, Ohio, Feb. 17 – CI Financial Corp. has set the price at which it will redeem all of its outstanding C$325 million 3.52% debentures due July 20, 2023, according to a news release.

For each C$100 principal amount of notes, holders will receive C$107.002 plus accrued interest of C$0.28. The company will redeem the notes on Feb. 19, as previously reported.

CI Financial is a global asset and wealth management company based in Toronto.

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