/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES/
TORONTO, Aug. 14, 2013 /CNW/ - Intact Financial Corporation (TSX:IFC)
announced today that it has obtained a receipt for a final short form
base shelf prospectus that will allow the company to offer up to $3.0
billion in any combination of debt, preferred or common share
securities, subscription receipts, warrants, share purchase contracts
and units over the next 25 months. This prospectus replaces a similar
one filed in July 2011 which has since expired.
Intact also announced that it has filed a supplement to its base shelf
prospectus to establish a medium term note (MTN) program that would
allow the company to issue up to $850 million in unsecured medium term
notes.
The nature, size and timing of any financings under the base shelf
prospectus or the MTN prospectus supplement will depend on Intact's
assessment of its funding requirements and general market conditions.
When securities covered by the base shelf prospectus or the MTN
supplement are offered for sale, a prospectus supplement or a pricing
supplement containing terms of these securities will be provided.
Unless otherwise specified in the prospectus supplement or pricing
supplement, Intact will use the net proceeds from the sale of
securities for general corporate purposes.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful, prior to qualification under the securities
laws of any such jurisdiction. Securities that would be issued would
not be registered under the United States Securities Act of 1933 and
would not be offered, sold or delivered, directly or indirectly, in the
United States of America, its territories, its possessions and other
areas subject to its jurisdiction or to, or for the account or benefit
of, a U.S. person (as defined in Regulation S under the U.S. Securities
Act of 1933) except in certain transactions exempt from the
requirements of the U.S. Securities Act of 1933.
About Intact Financial Corporation
Intact Financial Corporation (www.intacfc.com) is the largest provider of property and casualty insurance in Canada.
Intact offers home, auto and business insurance through Intact
Insurance, belairdirect, Grey Power, BrokerLink and Jevco.
SOURCE INTACT FINANCIAL CORPORATION
Media inquiries
Gilles Gratton
Vice President, Corporate Communications
+1 (416) 217-7206
gilles.gratton@intact.net
Investor inquiries
Dennis Westfall
Vice- President, Investor Relations
+1 (416) 341-1464, ext. 45122
dennis.westfall@intact.net
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