11:29 AM EDT, 05/15/2024 (MT Newswires) -- Moody's on Tuesday assigned a "Baa1" rating to $300 million of senior unsecured notes due May 2034 issued by Intact Financial ( IFCZF ) .

The company plans to use the net proceeds for the repayment of its outstanding $375 million senior unsecured notes due May 2024.

The rating outlook for Intact remains unchanged at positive.

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