Mount Logan Capital Inc. announced the commencement of 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
Senior unsecured notes offered in denominations of $25, with quarterly interest payments.
Underwriters
Lucid Capital Markets, LLC, Piper Sandler & Co., and BC Partners Securities LLC are acting as joint bookrunners.
Use of Proceeds
Proceeds will be used for repayment of outstanding indebtedness and general corporate purposes.
- Investors should carefully consider business objectives and risks before investing in the Notes.
- The Company's integrated alternative asset management and insurance solutions focus on generating durable revenue.
Mount Logan Capital Inc. embarks on a strategic offering of senior notes to support its growth and capital structure.