Industrial Alliance Insurance to redeem 2.8% debentures on May 16

By Wendy Van Sickle

Columbus, Ohio, April 11 – Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) announced it will redeem its 2.8% subordinated debentures due May 16, 2024 on May 16.

The company will redeem the debentures at C$1,014 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.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.