09:41 AM EST - Sagen MI Canada Inc. : Completed its previously announced offering of $150 million aggregate principal amount of 4.95% Fixed-to-Fixed Rate Subordinated Notes Series 2021-1 due March 24, 2081. The Offering was made through a syndicate of agents led by RBC Capital Markets, including BMO Capital Markets, CIBC World Markets, National Bank Financial, Scotia Capital and TD Securities. The Company intends to use the net proceeds of the Offering to strengthen the Company's capital base. Sagen MI Canada Inc.
shares T.MIC are trading unchanged at $43.45.
