09:49 AM EST - Intact Financial Corporation : Has completed its previously announced private placements of $300 million principal amount of Series 9 unsecured medium term notes and $300 million principal amount of Series 10 unsecured medium term notes. The Notes were offered on a best efforts basis through a syndicate co-led by CIBC World Markets Inc., TD Securities Inc., and National Bank Financial Inc. The Notes are direct unsecured obligations of Intact and rank equally with all other unsecured and unsubordinated indebtedness of Intact. The Series 9 Notes bear interest at a fixed annual rate of 1.928% until maturity on December 16, 2030. The Series 10 Notes bear interest at a fixed annual rate of 2.954% until maturity on December 16, 2050. Intact Financial Corporation
shares T.IFC are trading up $1.05 at $149.93.
