Mount Logan Capital Inc. (Nasdaq: MLCI) has commenced a registered underwritten public offering of senior unsecured notes.
The Notes will be issued in denominations of $25 and are expected to pay interest quarterly.
Lucid Capital Markets, Piper Sandler & Co., and BC Partners Securities are the joint bookrunners for the offering.
Offering Details
Senior unsecured notes to be issued in denominations of $25, with an expected quarterly interest payment.
Rating and Listing
The notes are expected to be rated 'BBB-' by Egan-Jones Ratings Company and listed on Nasdaq Global Market under the symbol 'MLCIL'.
Use of Proceeds
Net proceeds will be used for debt repayment and general corporate purposes.
- Mount Logan Capital Inc. is expanding its financial offerings through the issuance of senior notes.
- The underwritten public offering signals an opportunity for investors to participate in the Company's growth and stability.
Investors should carefully review the preliminary prospectus for detailed information before considering investment in the senior notes issued by Mount Logan Capital Inc.