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BRIEF-CI Financial announces new debenture financing
September 21, 2017 / 9:42 PM / 3 months ago

BRIEF-CI Financial announces new debenture financing

Sept 21 (Reuters) - CI Financial Corp

* CI Financial Corp announces new debenture financing

* CI Financial Corp - ‍Entered into an agreement to sell debt securities with an aggregate principal amount of $250 million​

* CI Financial Corp - ‍Debt securities have a term of 10 years and carry an interest rate of 3.904% payable semi-annually​

* CI Financial- To use net proceeds of offering to fund $230 million cash part of price payable in connection with announced sentry investments acquisition Source text for Eikon: Further company coverage:

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