Mount Logan Capital Inc. Announces Offering of Senior Notes

Core Viewpoint - Mount Logan Capital Inc. has announced a registered underwritten public offering of senior unsecured notes, with the intention to use the proceeds for debt repayment and general corporate purposes [1][2]. Group 1: Offering Details - The Notes will be issued in denominations of $25 and are expected to pay interest quarterly, with the public offering price and interest rate to be determined through negotiations [1]. - The offering includes a 30-day option for underwriters to purchase additional Notes to cover overallotments [1]. - The Notes are expected to be rated 'BBB-' by Egan-Jones Ratings Company [1]. Group 2: Listing and Trading - The Notes are anticipated to be listed on the Nasdaq Global Market under the trading symbol "MLCIL" and to begin trading within 30 days from the original issue date [2]. Group 3: Use of Proceeds - Mount Logan plans to utilize the net proceeds from the offering primarily for the repayment of outstanding indebtedness under its credit facility, with any remaining funds allocated for general corporate purposes [2]. Group 4: Company Overview - Mount Logan Capital Inc. is an integrated alternative asset management and insurance solutions firm focused on generating durable, fee-based revenue and long-term value creation [7]. - The company manages and invests across private and public credit markets in North America and reinsurance of annuity products, aiming to provide stable earnings and downside protection [8]. - As of September 30, 2025, Mount Logan Capital had over $2.1 billion in assets under management [8].