IGM Financial Inc.
TSX : IGM

IGM Financial Inc.

April 07, 2009 08:58 ET

IGM Financial Inc. Completes $375 Million Debenture Offering

WINNIPEG, MANITOBA--(Marketwire - April 7, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

IGM Financial Inc.(IGM)(TSX:IGM) announced today that it has completed its public offering of $375 million principal amount of 7.35% debentures maturing April 8, 2019.

The debentures were offered on an agency basis by a syndicate of dealers co-led by BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc., and which included CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Casgrain & Company Limited and HSBC Securities (Canada) Inc.

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 any applicable exemption from the registration requirements. 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 the securities in any State in which such offer, solicitation or sale would be unlawful.

IGM Financial Inc. is one of Canada's premier personal financial services companies, and one of the country's largest managers and distributors of mutual funds and other managed asset products, with over $98 billion in total assets under management as of March 31, 2009. Its activities are carried out principally through Investors Group, Mackenzie Financial Corporation and Investment Planning Counsel. IGM Financial Inc. is a member of the Power Financial Corporation group of companies.

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