Mount Logan Capital Inc.
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Mount Logan Capital Inc. Announces $10 Million Share Repurchase Program
Globenewswire· 2026-02-23 13:00
NEW YORK, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan” or the “Company”) today announced that its Board of Directors has authorized a share repurchase program of up to $10 million of the Company’s outstanding common stock through December 31, 2027. The authorization reflects the Company’s continued focus on disciplined capital allocation. It follows the February 2026 completion of its $15 million tender offer, which reduced the Company’s common stock issued and ou ...
Mount Logan Capital Inc. Announces Leadership Update
Globenewswire· 2026-02-10 13:00
NEW YORK, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan” or the “Company”) today announced that Brandon Satoren will assume the role of Chief Financial Officer and Corporate Secretary, effective April 1, 2026. Mr. Satoren will succeed Nikita Klassen, who will remain at the Company as Chief Financial Officer through March 31, 2026. “Brandon is a proven, growth-oriented leader with a deep understanding of our business, financial operations, and strategic priorities,” ...
Mount Logan Capital Inc. Announces Leadership Update
Globenewswire· 2026-02-10 13:00
NEW YORK, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan” or the “Company”) today announced that Brandon Satoren will assume the role of Chief Financial Officer and Corporate Secretary, effective April 1, 2026. Mr. Satoren will succeed Nikita Klassen, who will remain at the Company as Chief Financial Officer through March 31, 2026. “Brandon is a proven, growth-oriented leader with a deep understanding of our business, financial operations, and strategic priorities,” ...
Mount Logan Capital Inc. Announces Final Results of Tender Offer
Globenewswire· 2026-02-06 13:00
NEW YORK, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (Nasdaq: MLCI) (“Mount Logan” or the “Company”) announced today the final results of its offer to purchase for cash up to $15 million of its shares of common stock, $0.001 par value, at a fixed price of $9.43 per share (the “Tender Offer”). The Tender Offer expired at 5:00 p.m., New York City time, on February 2, 2026 (the “Expiration Time”). The Tender Offer was oversubscribed. In accordance with the terms and conditions of the Tender Off ...
Mount Logan Capital Inc. Announces Preliminary Results of Tender Offer
Globenewswire· 2026-02-04 21:15
Core Viewpoint - Mount Logan Capital Inc. has successfully completed a tender offer to purchase up to $15 million of its common stock at a fixed price of $9.43 per share, reflecting strong shareholder engagement and a commitment to enhancing long-term shareholder value [1][3]. Tender Offer Details - The tender offer expired on February 2, 2026, and was oversubscribed, with the company expecting to accept 1,590,668 shares for a total cost of approximately $15 million, excluding fees and expenses [2][5]. - The shares accepted represent about 12% of the company's common stock outstanding as of the expiration date [2]. Management Commentary - The CEO of Mount Logan expressed satisfaction with the tender offer's completion, highlighting its role in the company's liquidity programs and its potential to enhance per-share metrics while maintaining a focus on capital allocation [3]. Company Background - Mount Logan Capital Inc. is an integrated alternative asset management and insurance solutions firm, managing over $2.1 billion in assets as of September 30, 2025, and focusing on generating durable, fee-based revenue [7][8].
Mount Logan Capital Inc. Prices $40.0 Million Senior Notes Offering
Globenewswire· 2026-01-16 12:00
Core Viewpoint - Mount Logan Capital Inc. has successfully priced a public offering of $40 million in senior unsecured notes with an interest rate of 8.00%, marking its entry into the U.S. public fixed income markets [1][3]. Offering Details - The offering consists of 8.00% senior unsecured notes due January 31, 2031, with a redemption option starting January 31, 2028 [1]. - The notes will be issued in denominations of $25 and multiples thereof, with interest payments starting on April 30, 2026 [1]. - The offering is expected to close on January 26, 2026, subject to customary conditions [2]. Use of Proceeds - The net proceeds from the offering will be used to repay outstanding indebtedness under the company's credit facility, with any remaining funds allocated for general corporate purposes [3]. Underwriters - The offering is being managed by Lucid Capital Markets, LLC, Piper Sandler & Co., and BC Partners Securities LLC as joint bookrunners, with Canaccord Genuity LLC, William Blair & Company, L.L.C., and Wedbush Securities Inc. as co-managers [4]. Company Background - 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 [8]. - As of September 30, 2025, the company managed over $2.1 billion in assets [9].
Mount Logan Capital Inc. Prices $40.0 Million Senior Notes Offering
Globenewswire· 2026-01-16 12:00
Core Viewpoint - Mount Logan Capital Inc. has successfully priced a public offering of $40 million in senior unsecured notes with an interest rate of 8.00%, marking its entry into the U.S. public fixed income markets [1][3] Group 1: Offering Details - The offering consists of 8.00% senior unsecured notes due January 31, 2031, with a redemption option starting January 31, 2028 [1] - The notes will be issued in denominations of $25 and will bear interest payable quarterly, with the first payment on April 30, 2026 [1] - The offering is expected to close on January 26, 2026, and the notes will be listed on NASDAQ under the symbol "MLCIL" [2] Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay outstanding indebtedness under the company's credit facility, with any remaining funds allocated for general corporate purposes [3] Group 3: Company Background - 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 [8] - As of September 30, 2025, the company managed over $2.1 billion in assets [9]
Mount Logan Capital Inc. Announces Offering of Senior Notes
Globenewswire· 2026-01-14 13:15
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 commence 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].
Mount Logan Capital Inc. Announces Offering of Senior Notes
Globenewswire· 2026-01-14 13:15
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].
Mount Logan Capital Inc. Commences Self Tender Offer to Purchase up to an Aggregate $15 Million of its Common Stock
Globenewswire· 2025-12-29 14:00
Core Viewpoint - Mount Logan Capital Inc. is initiating a tender offer to purchase up to $15 million of its common stock at a price of $9.43 per share, representing a premium over the recent trading price and a discount to its book equity value [1][2]. Tender Offer Details - The tender offer will seek to buy approximately 1,590,600 shares, which is about 12% of the company's outstanding shares [1]. - The closing price of the company's common stock on December 26, 2025, was $8.26 per share, indicating the offer price is a substantial premium [1]. - The offer price reflects an 8% discount to the book equity value of $10.26 per share as of September 30, 2025 [1]. - The tender offer is not contingent upon a minimum number of shares being tendered but is subject to other terms and conditions outlined in the Offer to Purchase [2]. Offer Timeline and Conditions - The tender offer will expire at 5:00 p.m. New York City time on February 2, 2026, unless extended or terminated [3]. - Shareholders can withdraw their tenders at any time before the expiration [3]. - The company plans to fund the share purchases from its existing cash and cash equivalents, with no financing condition attached to the offer [4]. Future Transactions - After the expiration of the tender offer, the company may evaluate additional transactions in its securities, which could include open market stock repurchases and privately negotiated transactions [5]. Management and Advisory Roles - Ladenburg Thalmann & Co. Inc. will act as the Dealer Manager, while Alliance Advisors, LLC will serve as the Information Agent for the tender offer [6].