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Prospect News home > News index > List of issuers I > Headlines for IGM Financial Inc. > News item
Published on 7/9/2018 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

IGM Financial plans to redeem C$375 million 7.35% debentures

By Wendy Van Sickle

Columbus, Ohio, July 9 – IGM Financial Inc. plans to redeem its C$375 million of 7.35% debentures due April 8, 2019 with proceeds of some new notes, according to a news release.

The issuer priced C$200 million of 4.174% 30-year debentures on Monday.

BMO Capital Markets Corp. and RBC Capital Markets were the bookrunners for the new notes.

IGM Financial is a Winnipeg, Man.-based financial services company.


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