Industrial Alliance Completes $199.9M Private Placement

Industrial Alliance Insurance and Financial Services Inc. completed a private placement with the Caisse de dépôt et placement du Québec for the purchase of 6,000,000 common shares of Industrial Alliance at a price of $33.31 per common share, for gross proceeds of $199.9 million.

Industrial Alliance was represented in-house by Douglas Carrothers, vice-president, legal services and corporate secretary, and by a team from Lavery, de Billy L.L.P. consisting of Marc Rochefort, Michel Servant and Geneviève Fournier (corporate and securities).

Caisse de dépôt et placement du Québec was represented in-house by Robert Côté, Vice-President, Legal affairs, Private Equity and Sophie Lussier, Senior Director, Financial Markets and Derivative, and by a Fasken Martineau DuMoulin LLP team of Marie-Josée Neveu and Christian Jacques (corporate and securities).


Christian Jacques Marie-Josée Neveu Marc Rochefort Douglas A. Carrothers Michel Servant Sophie Lussier