Investors Group Completes 30-Year Financing

On December 13, 2002, Winnipeg-headquartered Investors Group Inc. completed the sale of $175 million of 7 per cent unsecured debentures with a 30-year maturity to an underwriting syndicate led by BMO Nesbitt Burns Inc. and Scotia Capital Inc., and including CIBC World Markets Inc., RBC Dominion Securities Inc., TD Securities Inc., Merrill Lynch Canada Inc., National Bank Financial Inc. and Casgrain & Company Limited.

Investors Group was represented by in-house counsel Terry Wright, Q.C., and by Blake, Cassels & Graydon LLP. The Blakes team included Alan Bell, Ernest McNee and Shannon O’Hearn. Stikeman Elliott LLP acted for the underwriting syndicate, with a team that included Rob Nicholls and Roberta Carano.