Fiera Capital Corporation has filed a final short form prospectus dated May 27, 2025, for a proposed public offering of $70 million aggregate principal amount of 7.75% senior subordinated unsecured debentures due June 30, 2030. Priced at $1,000 per debenture, the securities are scheduled to be issued on May 28, 2025. The debentures will bear interest at a fixed annual rate of 7.75%, payable semi-annually, and will rank subordinate to senior indebtedness but pari passu with other subordinated unsecured debt. Redemption prior to June 30, 2028, is restricted, except under limited conditions outlined in the prospectus.

The net proceeds are intended to repay outstanding amounts under Fiera’s senior revolving credit facility and for general corporate purposes. The offering is made pursuant to a base shelf prospectus dated November 23, 2023, and a final supplement dated May 27, 2025.

The underwriting syndicate includes Scotia Capital Inc., CIBC World Markets Inc., Desjardins Securities Inc., RBC Dominion Securities Inc., National Bank Financial Inc., BMO Nesbitt Burns Inc., TD Securities Inc., Canaccord Genuity Corp., iA Private Wealth Inc., and Raymond James Ltd. Legal counsel to Fiera Capital is Fasken Martineau DuMoulin LLP, while Norton Rose Fulbright Canada LLP is advising the underwriters. The debentures are expected to be listed on the Toronto Stock Exchange under the symbol “FSZ.DB.E.”