Canadian Insurer Sagen Plans to Raise Around C$300 Million
Insurance company Sagen MI Canada Inc. is looking to raise around C$300 million ($216 million) through a bond sale as soon as this week, according to people familiar with the matter.
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Insurance company Sagen MI Canada Inc. is looking to raise around C$300 million ($216 million) through a bond sale as soon as this week, according to people familiar with the matter.
Bamboo Insurance Services Inc., a home insurance company controlled by private equity firm CVC Capital Partners, is seeking to raise as much as $700 million in an initial public offering that will enable its backers to cut their stakes.
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