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TORONTO--(BUSINESS WIRE)--CI Financial Corp. ("CI") (TSX: CIX) today released financial results for the quarter ended December 31, 2022. "CI's strong performance during an extended period of financial
Firm plans to cut leverage in half as its takes US unit public.
The upcoming offering will allow CI to split its Canadian and U.S. businesses and help pay down $3 billion in debt.
CI Financial Corp. outlined a plan to reduce debt and separate its US and Canadian businesses as the fund manager tries to rebuild investor confidence in its growth strategy.
Businesses from Europe and the Middle East are increasingly picking the Florida city as regional hub