Fonds de solidarité FTQ completes C$30 million investment in Premier Tech Ltée
Date Closed
February 25, 2009
Lead Office
Québec City
Value
30.00 Million CAD
On February 25, 2009, Fonds de solidarité FTQ and Premier Tech Ltée reached a financing agreement for up to C$30 million. Pursuant to the financing agreement, Fonds de solidarité FTQ has agreed to subscribe, subject to the satisfaction of certain conditions, to unsecured, non-convertible debentures for up to C$30 million.
Fonds de solidarité FTQ is a development capital fund that channels the savings of Quebecers into investments in all sectors of the economy.
McCarthy Tétrault LLP represented Fonds de solidarité FTQ in the investment with a team that was led by Francois Amyot and Mathieu Laflamme.