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Fédération des caisses Desjardins du Québec completes an offering of GBP500M floating rate covered bonds

Date Closed

August 30, 2023

Lead Office



500.00 Million GBP

On August 30, 2023, Fédération des caisses Desjardins du Québec (FCDQ) completed an offering of GBP500 million Floating rate Covered Bonds due November 30, 2024.

FCDQ, headquartered in Montreal, Quebec, is a component of the Desjardins Group, the largest federation of credit unions in North America.

McCarthy Tétrault advised FCDQ with a team led by Marc MacMullin that included Tamas Toezser, Tina Benson, Adina Chis,  Benjamin Rivard, Ariane Monjauze, Pegah Mortazavian (Business), Candace Pallone and Jean-Jerry Anty (Financial Services).