Home Breadcrumb caret News Breadcrumb caret Industry Kingsway secures US$17.5 million private debt placement Kingsway Financial Services Inc. (TSX: KFS) has completed the placement of US$17.5 million in 30-year floating rate trust preferred securities. The net proceed to the company will be about US$17 million. Kingsway says that the funds raised will be used as supporting capital in growing the companies various operations. The proceeds may also be used […] By Canadian Underwriter, | May 15, 2003 | Last updated on October 30, 2024 1 min read Plus Icon Image Kingsway Financial Services Inc. (TSX: KFS) has completed the placement of US$17.5 million in 30-year floating rate trust preferred securities. The net proceed to the company will be about US$17 million. Kingsway says that the funds raised will be used as supporting capital in growing the companies various operations. The proceeds may also be used for repayment of existing credit facilities, the insurer notes. Canadian Underwriter Print Group 8 LinkedIn LI X (Twitter) logo Facebook Print Group 8
