Power Corporation - Closing of Debenture Issue

/Not for distribution to U.S. news wire services or dissemination in the United States./

All figures are in Canadian dollars unless otherwise noted.

MONTRÉAL, Jan. 31, 2017 /CNW Telbec/ - Power Corporation of Canada (TSX: POW) announced today that it has completed its offering of $250 million aggregate principal amount of 4.81% debentures due January 31, 2047 (the "Debentures"). 

The Debentures were offered through a syndicate of agents co-led by BMO Capital Markets, Scotiabank and RBC Capital Markets.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

ABOUT POWER CORPORATION
Power Corporation of Canada is a diversified international management and holding company with interests in companies in the financial services, communications and other business sectors in North America, Europe and Asia. To learn more, visit www.PowerCorporation.com.

SOURCE Power Corporation of Canada