Date Closed

December 5, 2024

Lead Office

Toronto

Value

400.00 Million CAD

On December 5, 2024, iA Financial Group completed its offering of C$400 million aggregate principal amount of 4.131% fixed/floating unsecured subordinated debentures due December 5, 2034 (the "Debentures").

The Debentures were offered through a syndicate of agents led by National Bank Financial Markets, RBC Capital Markets and TD Securities, as co-leads and bookrunners, and including, BMO Capital Markets, CIBC Capital Markets, Scotiabank, iA Private Wealth Inc., Casgrain & Company Limited and UBS Investment Bank.

iA Financial Group, headquartered in Quebec, is one of Canada's largest insurance and wealth management groups, with operations in the United States.

McCarthy Tétrault advised the syndicate of agents with a team led by Andrew Parker and Charles-Antoine Soulière that included Asma Boudoukha, Yassine Khadir (Corporate), Kabir Jamal and Camille Belanger (Tax).