Industrial Alliance Insurance to redeem 4.75% debentures on Dec. 14

By Marisa Wong

Morgantown, W.Va., Oct. 26 – Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) announced it will redeem its 4.75% subordinated debentures due Dec. 14, 2021 on Dec. 14.

The company will redeem the debentures at C$1,023.75 for each C$1,000 principal amount, which is equal to par plus accrued interest.

iA Financial Group is a Canadian insurance company based in Quebec City.

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