Published on 6/8/2021 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.
New Issue: Trisura Group sells C$75 million senior 2.641% notes due 2026
Chicago, June 8 – Trisura Group Ltd. sold C$75 million of 2.641% senior notes due June 11, 2026 (DBRS: BBB), according to a press release.
BMO Capital Markets was the bookrunner.
Proceeds will be used for general corporate purposes and short-term debt reduction.
Trisura is a Toronto-based specialty insurance company.
| Issuer: | Trisura Group Ltd.
|
| Issue: | Senior notes
|
| Amount: | C$75 million
|
| Maturity: | June 11, 2026
|
| Bookrunners: | BMO Capital Markets
|
| Co-managers: | CIBC Capital Markets, National Bank Financial Markets, RBC Capital Markets, Scotia Capital, and TD Securities
|
| Coupon: | 2.641%
|
| Trade date: | June 8
|
| Settlement date: | June 11
|
| Ratings: | DBRS: BBB
|
| Distribution: | Canada
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
