QUEBEC CITY, May 16, 2019 /CNW Telbec/ - Industrial Alliance Insurance and Financial Services Inc. today announced that it has completed the previously announced redemption of its 2.80% Subordinated Debentures due May 16, 2024 (the "Debentures") pursuant to the notice of redemption sent to registered holders of Debentures on April 11, 2019. Industrial Alliance Insurance and Financial Services Inc. has paid a redemption amount of $1,014 for each $1,000 principal amount of Debentures, being equal to the aggregate of (i) $1,000 and (ii) all accrued and unpaid interest.
About iA Financial Group
iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is one of Canada's largest public companies and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).
SOURCE Industrial Alliance Insurance and Financial Services Inc.
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