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Sagen MI completes C$300 million unsecured debenture issuance due 2033

PUBT·09/22/2026 21:35:00
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Sagen MI completes C$300 million unsecured debenture issuance due 2033
  • Sagen MI Canada completed a private placement of $300 million 4.947% debentures due Sept. 22, 2033.
  • Proceeds support the planned redemption of $282 million 2.955% debentures due March 1, 2027 on Sept. 25.
  • Redemption set at about $1,000.13 per $1,000 of principal, with accrued interest of about $1.94 per $1,000.
  • Aggregate redemption payment, including accrued interest, expected at about $282.59 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sagen MI Canada Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609221734CANADANWCANADAPR_C8114) on September 22, 2026, and is solely responsible for the information contained therein.