Mount Logan Capital Inc. announced 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.
The Notes are expected to be rated 'BBB-' by Egan-Jones Ratings Company and listed on the Nasdaq Global Market under the trading symbol MLCIL.
Offering Details
The offering consists of senior unsecured notes expected to be listed on the Nasdaq Global Market.
Underwriters
Lucid Capital Markets, LLC, Piper Sandler & Co., and BC Partners Securities LLC are acting as joint bookrunners for the offering.
Use of Proceeds
The net proceeds from the offering will be used for the repayment of outstanding indebtedness and general corporate purposes.
- Mount Logan Capital aims to generate durable, fee-based revenue and long-term value creation through alternative asset management and insurance solutions.
- The Company manages and invests across private and public credit markets in North America, focusing on delivering risk-adjusted returns.
- As of September 30, 2025, Mount Logan Capital had over $2.1 billion in assets under management, showcasing its significant presence in the market.
The announcement of the public offering of senior notes reflects Mount Logan Capital's strategic approach to capital raising and further expanding its financial operations.