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Coast Capital Savings Federal Credit Union offers C$200 million of floating rate deposit notes

Date Closed

October 27, 2021

Lead Office

Toronto

Value

200.00 Million CAD

McCarthy Tétrault LLP advised the syndicate of agents, led by CIBC World Markets Inc. and Desjardins Securities Inc., in connection with the offering by Coast Capital Savings Federal Credit Union (Coast Capital Savings) of C$200 million of floating rate deposit notes.

CIBC World Markets Inc., the investment banking subsidiary of the Canadian Imperial Bank of Commerce, is an investment bank operating in both in the domestic and international equity and debt capital markets.

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.
Coast Capital Savings is a member-owned financial co-operative with headquarters located in Surrey, British Columbia.

McCarthy Tétrault LLP advised the syndicate of agents with a team led by Andrew Parker that included Xinya Wang.

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