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Canadian Insurer Sagen Plans to Raise Around C$300 Million
Source: Bloomberg
Credit & Bond MarketsCompany Fundamentals
Sagen MI Canada Inc. is seeking to raise about C$300 million (US$216 million) through a bond sale that could launch as soon as this week. The prospective issuance is a company-specific financing transaction and may provide a modest read-through on Canadian corporate credit-market access.
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