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Coast Capital Savings Federal Credit Union offers C$200 million of 4.255% fixed rate deposit notes


Date

April 21, 2022

Office Involved

Value

200 Million CAD

On April 21, 2022, Coast Capital Savings Federal Credit Union completed a C$200 million offering of 4.255% fixed rate deposit notes.

Coast Capital Savings Federal Credit Union provides banking and investment services to its members as a credit union in Metro Vancouver, Fraser Valley, Vancouver Island and Okanagan regions of British Columbia. 

Scotia Capital Inc. is the Canadian legal entity within Scotiabank's Global Banking & Markets division that provides securities services, is regulated by the Investment Industry Regulatory Organization of Canada and is a member of the Canadian Investor Protection Fund.

Desjardins Securities Inc., a subsidiary of Desjardins Group, is a securities brokerage offering services for common shares, preferred shares, derivative products, mutual funds, hedge, and pension funds.

McCarthy Tétrault advised the syndicate of agents, led by Scotia Capital Inc. and Desjardins Securities Inc, with a team led by Andrew Parker that included Xinya Wang.

People

  • Andrew Parker
    Andrew Parker

    Partner, Co-head, National Capital Markets Practice

    People.Offices.Singular Toronto