Mount Logan Capital Prices $40 Million Senior Unsecured Notes Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: seekingalpha
- Offering Size: Mount Logan Capital has priced its public offering of $40 million in 8.00% senior unsecured notes, expected to close on January 26, 2026, which will enhance the company's capital structure to support future growth.
- Interest Rate and Payment Terms: The notes will bear an annual interest rate of 8.00%, with interest payable quarterly, starting on April 30, 2026, ensuring a steady cash flow for investors.
- Overallotment Option: The company has granted underwriters a 30-day option to purchase up to an additional $6 million in notes, enhancing market liquidity and meeting potential demand.
- Issuance Details: The notes will be issued in denominations of $25 and integral multiples thereof, aimed at attracting a broad investor base, thereby increasing the company's market visibility and financing capabilities.
Analyst Views on MLCI
About MLCI
Mount Logan Capital Inc. is a diversified alternative asset management and insurance solutions platform. The Company raises, invests and manages funds, accounts and other vehicles with an emphasis on private credit and private market solutions. The Company provides investment advisory and management services to multiple diversified investment vehicles. These vehicles are primarily focused on middle-market North American and European direct and indirect private loan origination across the capital structure, as well as corporate credit, specialty finance, and other mandates across managed accounts and collateralized loan obligations (CLOs). Through its SEC-registered investment advisers (RIAs), the Company seeks to provide a full credit cycle investment offering. The Company reinsures annuity products, consisting of multi-year guaranteed annuities (MYGA). The Company's subsidiaries include 180 Degree Capital Corp. and Mount Logan Capital Intermediate LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
