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Published on 5/28/2013 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Liability Management Daily.

Industrial Alliance to redeem all C$150 million of IATS on June 30

By Tali David

Minneapolis, May 28 - Industrial Alliance Capital Trust exercised its right to redeem all C$150 million of its Industrial Alliance trust securities - series A, according to a news release.

The securities will be redeemed at C$1,021.75 on June 30.

Industrial Alliance Capital Trust is a subsidiary of Industrial Alliance Insurance and Financial Services Inc., a life and health insurance company based in Quebec City.


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