Industrial Alliance Insurance and Financial Services Inc. completes C$250 million 2.80% Fixed/Floating Subordinated Debentures Offering

On May 16, 2014, Industrial Alliance Insurance and Financial Services Inc. (Industrial Alliance) completed the offering of $250 million aggregate principal amount of 2.80% Fixed/Floating Subordinated Debentures due May 16, 2024. The offering was made under a shelf prospectus dated April 10, 2013 and pursuant to a prospectus supplement dated May 13, 2014.

Norton Rose Fulbright Canada LLP acted as legal counsel to Industrial Alliance. The team was led by Solomon Sananes and Thierry Dorval, and included David Crandall, Catherine Simard, Jérome Landry and Charles-Antoine Péladeau (corporate and securities) and Derek Chiasson (tax).