Mount Logan Capital Prices $40 Million Senior Notes Offering

Reuters01-16

Mount Logan Capital Prices $40 Million Senior Notes Offering

Mount Logan Capital Inc. has priced its previously announced underwritten public offering of $40.0 million in aggregate principal amount of 8.00% senior unsecured notes due 2031. The notes, which will mature on January 31, 2031, are expected to be issued in denominations of $25 and integral multiples thereof, and will bear interest at 8.00% per year, payable quarterly. The offering is expected to close on January 26, 2026, subject to customary closing conditions. The company has also granted underwriters a 30-day option to purchase up to an additional $6.0 million in aggregate principal amount of notes to cover overallotments, if any. The notes are rated 'BBB-' by Egan-Jones Ratings Company and are expected to be listed on the NASDAQ Global Market under the trading symbol "MLCIL" within 30 days of the original issue date. Mount Logan intends to use the net proceeds to repay outstanding indebtedness under its credit facility and for general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mount Logan Capital Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9626911-en) on January 16, 2026, and is solely responsible for the information contained therein.

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