Intact Financial Corporation files final short form base shelf prospectus and prospectus supplement
IFC 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
The nature, size and timing of any financings under the base shelf prospectus or the MTN prospectus supplement will depend on IFC's assessment of its funding requirements and general market conditions. When securities covered by the base shelf prospectus are offered for sale, a prospectus supplement and/or a pricing supplement containing terms of these securities will be provided. Unless otherwise specified in the applicable 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
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Notice regarding forward-looking statements
This news release includes forward-looking information within the meaning of Canadian securities laws regarding IFC and its business, which may include, but are not limited to, the potential issuance of securities of IFC, the type of securities that may be issued, and other statements as to future issuances. Such statements are based on the current expectations of IFC's management, and are based on assumptions and subject to risks and uncertainties. Although IFC's management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking action, events and results discussed in this news release may not occur or could differ materially as a result of known and unknown risk factors and uncertainties affecting IFC, including risks relating to IFC's securities, its industry, general economic and stock market conditions and many other factors beyond the control of IFC. Although IFC has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements speak only as of the date on which they are made and IFC undertakes no obligation to update or revise any forward-looking statement, except as required by applicable securities law.
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