Industrial Alliance insurance and Financial Services Inc. completes C$400m 3.30% debentures offering

December 14, 2016

Client: Industrial Alliance Insurance and Financial Services Inc.

Counsel to IA in connection with its offering of C$400m 3.30% Fixed /Floating Subordinated Debentures due 2028. The issued debentures were used to purchase other debentures, used to take advantage of a low interest environment.