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Jan 14, 2026 8:20 AM

Mount Logan Capital Inc. Announces Offering of Senior Notes

NEW YORK, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NASDAQ:MLCI) ("Mount Logan", "MLCI", or the "Company") today announced the commencement of a registered underwritten public offering of senior unsecured notes (the "Notes"). The Notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and are expected to pay interest quarterly. The public offering price, interest rate and other terms of the Notes will be determined by negotiations between the Company and the underwriters. In addition, the Company plans to grant the underwriters a 30-day option to purchase additional Notes on the same terms and conditions to cover overallotments, if any. The Notes are expected to be rated ‘BBB-' by Egan-Jones Ratings Company, an independent, unaffiliated rating agency.

The Notes are expected to be listed on the Nasdaq Global Market under the trading symbol "MLCIL" and to trade thereon within 30 days from the original issue date.

Mount Logan expects to use the net proceeds from the offering for the repayment of outstanding indebtedness under its credit facility and any remainder for general corporate purposes.

Lucid Capital Markets, LLC, Piper Sandler & Co. and BC Partners Securities LLC are acting as joint bookrunners for the offering. Canaccord Genuity LLC, William Blair & Company, L.L.C. and Wedbush Securities Inc. are acting as co-managers for the offering.

Investors should consider the Company's business objectives and risks carefully before investing. The preliminary prospectus dated January 12, 2026, which has been filed with the Securities and Exchange Commission ("SEC"), contains this and other information about the Company and should be read carefully before investing. The information in the preliminary prospectus and this press release is not complete and may be changed. The preliminary prospectus and this press release are not offers to sell these securities and are not soliciting an offer to buy these securities in any state where such offer or sale is not permitted.

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