British Columbia Investment Management Corporation completes C$1.5B reopening of its 3.40% Senior Unsecured Notes, Series 2, due June 2, 2030
Date Closed
January 10, 2025
Lead Office
Toronto
Value
1.50 Billion CAD
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).