British Columbia Investment Management Corporation completes C$2B private placement

On January 9, 2026, British Columbia Investment Management Corporation ("BCI") completed a private placement of C$2 billion senior unsecured notes, series 4, with a coupon of 3.25% and a maturity date of June 2, 2031.

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

BCI is a leading provider of investment management services to British Columbia's public sector, with C$295 billion of gross assets under management. 

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