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Published on 6/29/2023 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Fiera Capital to redeem 5.6% debentures due 2024 at par on July 31

By Marisa Wong

Los Angeles, June 29 – Fiera Capital Corp. will redeem its C$110 million outstanding 5.6% senior subordinated debentures due July 31, 2024 on July 31, according to a press release.

The debentures will be redeemed in full at par.

The company previously announced that the redemption will be funded with proceeds from an offering of new debentures.

The company separately announced on Thursday that it completed a bought deal public offering of C$65 million of 8.25% senior subordinated debentures due Dec. 31, 2026.

Fiera is a Montreal-based independent asset management firm.


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