MONTREAL, June 29,
2023 /CNW/ - Fiera Capital Corporation ("Fiera
Capital" or the "Company") (TSX: FSZ) announced today that it has
delivered notice to the registered holder of the Company's
outstanding 5.60% senior subordinated unsecured debentures due
July 31, 2024 (the "Debentures") to
the effect that pursuant to the provisions of the trust indenture
governing the Debentures dated July 4,
2019 (the "Indenture"), the Company will redeem all issued
and outstanding Debentures, effective July 31, 2023
(the "Redemption Date").
There is $110,000,000 aggregate
principal amount of Debentures issued and outstanding as at the
date hereof.
On the Redemption Date, subject to compliance with the
Indenture, holders of the Debentures will receive a total payment
of $1,000 for each $1,000 principal amount of Debentures. On
July 31, 2023, the last interest payment will be made to
beneficial owners of Debentures as of the close of business on
July 28, 2023. The rights of the holders of the Debentures
under the terms thereof and under the Indenture shall cease to be
effective as of the Redemption Date.
About Fiera Capital
Corporation
Fiera Capital is a leading independent asset management firm
with a growing global presence and approximately C$164.7 billion in assets under management as of
March 31, 2023. Fiera Capital
delivers customized and multi-asset solutions across public and
private market asset classes to institutional, financial
intermediary and private wealth clients across North America, Europe and key markets in Asia. Fiera Capital's depth of expertise,
diversified investment platform and commitment to delivering
outstanding service are core to our mission of being at the
forefront of the investment management science to foster
sustainable prosperity for all our stakeholders. Fiera Capital
trades under the ticker FSZ on the Toronto Stock Exchange.
Headquartered in Montreal,
Fiera Capital, with its affiliates in various jurisdictions, has
offices in over a dozen cities around the world, including
New York (U.S.), London (UK), and Hong Kong (SAR).
Each affiliated entity (each an "Affiliate") of Fiera Capital
only provides investment advisory or investment management services
or offers investment funds in the jurisdictions where the Affiliate
and/or the relevant product is registered or authorized to provide
services pursuant to an exemption from registration.
In the U.S., asset management services are provided by Fiera
Capital's Affiliates who are investment advisers that are
registered with the U.S. Securities and Exchange Commission (the
"SEC") or exempt from registration. Registration with the SEC does
not imply a certain level of skill or training.
Additional information about Fiera Capital Corporation,
including the Company's Annual Information Form, is available on
SEDAR at www.sedar.com.
SOURCE Fiera Capital Corporation