British Columbia Investment Management Corporation completes C$1.5B reopening of its 3.40% Senior Unsecured Notes, Series 2, due June 2, 2030

On January 10, 2025, British Columbia Investment Management Corporation ("BCI") completed a C$1.50 billion reopening of its senior unsecured notes, series 2, with a coupon of 3.40% and a maturity date of June 2, 2030.

The offering was made through a syndicate of agents co-led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., and Scotia Capital Inc.

BCI is a leading provider of investment management services to British Columbia's public sector, with $250.4 billion of gross assets under management.

McCarthy Tétrault advised the syndicate of agents with a team led by Andrew Parker that included Jeremy Pleasant, Joe Furness, Sarah Xu (Business), and Kabir Jamal (Tax).