LAVERY, DE BILLY L.L.P. represented Industrial Alliance Insurance and Financial Services Inc. in its $100 million offering of Non-Cumulative 5-Year Rate Reset Class A Preferred Shares Series C that closed on November 25, 2008. The Lavery, de Billy team was composed of Marc Rochefort, René Branchaud, Michel Servant and Guillaume Lavoie (corporate/securities), and Philip Nolan (tax).
The syndicate of underwriters was led by Scotia Capital Inc. and included National Bank Financial Inc., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. Desjardins Securities Inc., Industrial Alliance Securities Inc., Dundee Securities Corporation, HSBC Securities (Canada) Inc. and Laurentian Bank Securities Inc.
Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans and other financial products and services.