CORRECTING and REPLACING CI Financial Corp. Announces Pricing of US$675.0 Million Private Offering of Notes
The updated release reads:
The Offering is expected to close on
CI intends to use approximately
The Notes have not been and will not be registered under the
This press release does not and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release does not constitute an offer to purchase or the solicitation of an offer to sell any 2051 Notes in the Tender Offer.
About
CI is a diversified global asset and wealth management company operating primarily in
CI operates in three segments:
-
Asset Management, which includes CI Global Asset Management, which operates in
Canada , andGSFM , which operates inAustralia . -
Canadian Wealth Management, which includes the operations of CI Assante Wealth Management,
Aligned Capital Partners , CI Private Wealth, Northwood Family Office,Coriel Capital ,CI Direct Investing and CI Investment Services . -
U.S. Wealth Management, which includes Corient Private Wealth, an integrated wealth management firm providing comprehensive solutions to ultra-high-net-worth and high-net-worth clients acrossthe United States .
CI is headquartered in
Forward-Looking Statements
This press release contains forward-looking statements concerning anticipated future events, results, circumstances, performance or expectations with respect to CI and its products and services, including its business operations, strategy and financial performance and condition. Forward-looking statements are typically identified by words such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and similar references to future periods, or conditional verbs such as “will”, “may”, “should”, “could” or “would”. These statements are not historical facts but instead represent management beliefs regarding future events, many of which by their nature are inherently uncertain and beyond management’s control. In particular, these statements include, without limitation, statements about the anticipated closing date of the Offering, the intended use of proceeds from the Offering and the Tender Offer.
Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements involve risks and uncertainties. The material factors and assumptions applied in reaching the conclusions contained in the forward-looking statements include that asset levels will remain stable. The foregoing list is not exhaustive and the reader is cautioned to consider these and other factors carefully and not to place undue reliance on forward-looking statements. Other than as specifically required by applicable law, CI undertakes no obligation to update or alter any forward-looking statement after the date on which it is made, whether to reflect new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240522218683/en/
Investor Relations
Vice-President, Investor Relations & Strategy
416-681-8779
jweyeneth@ci.com
Media Relations
Vice-President, Corporate Communications
416-681-3254
moxby@ci.com
Managing Partner, StreetCred
610-304-4570
jimmy@streetcredpr.com
ci@streetcredpr.com
Source: