Mr. Douglas Jamieson reports

CI FINANCIAL CORP. COMPLETES DEBENTURE OFFERING

CI Financial Corp. has successfully completed its previously announced offering of debentures with an aggregate principal amount of $250-million. The debentures bear interest at a rate of 3.904 per cent per year and will mature on Sept. 27, 2027.

The debentures have been provided a rating of A minus by Standard & Poor's and A (low) by DBRS.

The debentures were issued under a prospectus supplement dated Sept. 21, 2017, to CI's short form base shelf prospectus dated Dec. 21, 2015. Details of the offering are set out in the prospectus supplement, which is available on SEDAR. The debentures were offered through a syndicate of dealers led by CIBC Capital Markets.

CI Financial is an independent, Canadian-owned wealth management company with approximately $160.7-billion in fee-earning assets as of Aug. 31, 2017.