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Published on 5/16/2022 in the Prospect News Canadian Bonds Daily, Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

iA Financial to redeem all C$250 million series G preferred shares

By Wendy Van Sickle

Columbus, Ohio, May 16 – iA Financial Corp. Inc. will redeem all C$250 million of its non-cumulative five-year rate reset class A preferred shares, series G, on June 30, according to a press release.

The redemption price will be C$25.00 a share.

Separately from the redemption price, the final quarterly dividend of C$0.2360625 per share will be paid in the usual manner on June 30 to shareholders of record on May 27.

iA Financial is a Quebec City-based insurance and wealth management group.


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