British Columbia Investment Management Corporation completes issuance of C$1.5B aggregate principal amount of 3.40% Senior Unsecured Notes, Series 2, due June 2, 2030

On August 19, 2024, British Columbia Investment Management Corporation ("BCI") announced the issuance of C$1.50 billion senior unsecured notes, series 2, with a coupon of 3.40% and a maturity date of June 2, 2030. The notes settled on August 22, 2024.

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 $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 (Business), Patrick McCay and Kabir Jamal (Tax).