Intact Financial Corporation Completes $150 Million Preferred Share Offering

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TORONTO, Nov. 12, 2025 /CNW/ - Intact Financial Corporation (TSX: IFC) ("Intact" or the "Company") announced today that it has closed its previously announced bought deal offering (the "Offering") of Non-Cumulative Class A Shares, Series 13 (the "Series 13 Preferred Shares") underwritten by a syndicate of underwriters led by BMO Capital Markets and National Bank Capital Markets, as joint bookrunners, together with, CIBC Capital Markets, TD Securities, Scotiabank and RBC Capital Markets, resulting in aggregate gross proceeds to Intact of $150 million. The net proceeds are expected to be used by Intact for general corporate purposes.