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CDP Financial Inc.'s USD1.5 billion Senior Notes Offering

Published Date
Jan 29 2025
Our capital markets team represented the agents in connection with a Rule 144A/Regulation S offering by CDP Financial Inc. of USD1.5bn aggregate principal amount of 4.625% Senior Notes due 2030 under its USD25bn Senior Note Program. Notes issued under the Program are fully and unconditionally guaranteed by Caisse de dépôt et placement du Québec (CDPQ), parent company of CDP Financial Inc.

CDPQ is one of Canada’s leading institutional asset managers, based on assets under management, and is a mandatary (a limited, agent-like status) of the Province of Québec. As of June 30, 2024, it had CAD452bn in net assets for its depositors. CDPQ is, by law, the sole asset manager for the majority of the public-sector pension and insurance plans of the Province of Québec.

Our team was led by partner Ryan Robski (Toronto – capital markets) and associate Nick Slagter (Toronto – capital markets).

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