Canada NewsWire
TORONTO, Nov. 25, 2016
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
TSX Symbol: CIX
TORONTO, Nov. 25, 2016 /CNW/ - CI Financial Corp. ("CI")
announced today that it has successfully completed its previously announced offering of debentures with an aggregate principal
amount of $200 million. The debentures bear interest at a rate of 2.775% per annum and will mature on
November 25, 2021.
The debentures have been provided a rating of A- by Standard & Poor's and A (low) by DBRS.
The debentures were issued under a prospectus supplement dated November 22, 2016 to CI's short
form base shelf prospectus dated December 21, 2015. Details of the offering are set out in the
prospectus supplement, which is available on SEDAR at www.sedar.com. The debentures were offered through a syndicate of dealers led by CIBC Capital Markets.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or
sold in the United States absent registration or an applicable exemption from the registration
requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any
sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About CI Financial
CI Financial Corp. (TSX: CIX) is an independent, Canadian-owned wealth management company with approximately $149 billion in fee-earning assets as of October 31, 2016. CI's primary operating
businesses are CI Investments Inc., one of Canada's largest investment managers, advisory
businesses Assante Wealth Management and Stonegate Private Counsel, and First Asset Capital Corp., a leader in providing actively
managed exchange-traded funds to the Canadian marketplace. CI is on the Web at www.cifinancial.com.
SOURCE CI Financial Corp.