Mr. Kyle Martens reports

IGM FINANCIAL COMPLETES $300 MILLION OFFERING OF DEBENTURES

IGM Financial Inc. has completed its previously announced offering of $300-million principal amount of 5.426 per cent debentures due May 26, 2053.

The debentures were offered through a group of agents led by BMO Capital Markets and RBC Capital Markets.

The net proceeds of the offering will be used by IGM Financial to finance a portion of the purchase price payable on June 2, 2023, in connection with the previously announced acquisition of a 20.5-per-cent equity interest in Rockefeller Capital Management and for general corporate purposes.

About IGM Financial Inc.

IGM Financial is one of Canada's leading diversified wealth and asset management companies with approximately $263-billion in total assets under management and advisement at April 30, 2023. The company provides a broad range of financial planning and investment management services to help more than two million Canadians meet their financial goals. Its activities are carried out principally through IG Wealth Management, Mackenzie Investments and Investment Planning Counsel. IGM Financial is a member of the Power Corp. group of companies.

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