OREANDA-NEWS. March 01, 2016. Intact Financial Corporation (TSX:IFC) announced today that it intends to issue \\$250 million principal amount of Series 6 unsecured medium term notes (the "Notes").  The Notes will be direct unsecured obligations of IFC and will rank equally with all other unsecured and unsubordinated indebtedness of IFC.  The Notes will bear interest at a fixed annual rate of 3.77% until maturity on March 2, 2026. The net proceeds of the offering of the Notes will be used for general corporate purposes.

The Notes, offered on a best efforts basis through a syndicate of dealers co-led by TD Securities Inc. and CIBC World Markets Inc., are expected to be issued on or about March 1, 2016.  Details of the offering will be set out in a pricing supplement (to IFC's short form base shelf prospectus and prospectus supplement, each dated September 10, 2015) which IFC intends to file with the securities regulatory authorities in each of the provinces and territories of Canada and which will be available under IFC's profile on the SEDAR website at www.sedar.com.

The securities to be offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("U.S. Securities Act"), and may not be offered or sold in the United States or to or for the account or benefit of U.S. persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy such securities in the United States or in any other jurisdiction where such offer is unlawful.