CI Economic Announces Redemption Cost for Debentures Because of November 2021

TORONTO–(Business WIRE)–Jan 15, 2021–

CI Fiscal Corp. (“CI”) (TSX: CIX NYSE:CIXX) right now introduced that it has determined the redemption value for its $200-million principal amount of 2.775% debentures because of November 25, 2021 (“2021 Debentures”). As earlier introduced, the redemption date is January 18, 2021 (the “Redemption Date”). The redemption value per $100 principal total of the 2021 Debentures is $101.903 in addition accrued and unpaid fascination of $.403, which will be paid out up to the working day previous the Redemption Day.

About CI Economic

CI Economical Corp. is an impartial firm supplying world asset administration and prosperity management advisory solutions. CI managed and recommended on somewhere around C$231 billion (US$182 billion) in client belongings as at December 31, 2020. CI’s most important asset administration firms are CI Worldwide Asset Management (CI Investments Inc.) and GSFM Pty Ltd., and it operates in Canadian prosperity management through Assante Prosperity Management (Canada) Ltd., CI Private Counsel LP, Aligned Cash Companions Inc., CI Direct Investing (WealthBar Economical Services Inc.), and CI Investment decision Expert services Inc.

CI’s U.S. wealth management enterprises consist of Balasa Dinverno Foltz LLC, Bowling Portfolio Administration LLC, The Cabana Group, LLC, Congress Prosperity Administration, LLC, Doyle Wealth Administration, LLC, A single Funds Administration, LLC, The Roosevelt Investment Group, LLC, RGT Wealth Advisors, LLC, Stavis & Cohen Personal Prosperity, LLC and Surevest LLC.

CI is outlined on the Toronto Stock Exchange less than CIX and on the New York Stock Exchange less than CIXX.

All figures in Canadian pounds.

This press launch has forward-searching statements relating to predicted long run situations, effects, situation, performance or anticipations with respect to CI Money Corp. (“CI”) and its merchandise and products and services, like its company functions, strategy and money efficiency and problem. Ahead-looking statements are typically identified by terms such as “believe”, “expect”, “foresee”, “forecast”, “anticipate”, “intend”, “estimate”, “goal”, “plan” and “project” and identical references to future intervals, or conditional verbs these kinds of as “will”, “may”, “should”, “could” or “would”. Ahead-searching statements in this push launch contain statements about the intention to early redeem the 2021 Debentures, including timing and value . These statements and other ahead-on the lookout statements are not historic info but as an alternative signify management beliefs relating to foreseeable future events, numerous of which by their nature are inherently unsure and past management’s management. Whilst administration thinks that the expectations reflected in this sort of ahead-searching statements are centered on fair assumptions, such statements include pitfalls and uncertainties. The material elements and assumptions applied in achieving the conclusions contained in these forward-hunting statements include that the expenditure fund industry will remain stable and that fascination fees will keep on being comparatively steady. Variables that could lead to true final results to differ materially from anticipations involve, amongst other issues, general economic and sector situations, including desire and international exchange fees, worldwide fiscal markets, modifications in govt regulations or in tax legislation, field competition, technological developments and other things explained or reviewed in CI’s disclosure elements submitted with relevant securities regulatory authorities from time to time. The foregoing checklist is not exhaustive and the reader is cautioned to look at these and other things meticulously and not to spot undue reliance on ahead-looking statements. Other than as precisely required by relevant legislation, CI undertakes no obligation to update or change any ahead-on the lookout assertion right after the day on which it is manufactured, whether or not to reflect new information and facts, foreseeable future occasions or normally.

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Call: Trader Relations

Jason Weyeneth, CFA

Vice-President, Investor Relations & Method


[email protected] Relations


Murray Oxby

Vice-President, Corporate Communications


[email protected] States

Trevor Davis, Gregory FCA for CI Economical


[email protected]


Business Keyword: BANKING Experienced Expert services FINANCE

Resource: CI Economical Corp.

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PUB: 01/15/2021 05:34 PM/DISC: 01/15/2021 05:35 PM