Date Closed

June 13, 2022

Lead Office

Toronto

Value

200.00 Million CAD

On June 13, 2022, Home Trust Company (“Home Trust” ) closed on a successful offering of two-year C$200 million fixed-rate deposit notes (the “Notes”). This deposit note issuance marks Home Trust’s first issuance of deposit notes since 2015. The Notes bear an interest rate of 5.317% which represented a spread of 225 basis points over comparable term Government of Canada Bonds and have a maturity date of June 13, 2024.

BMO Capital Markets and RBC Capital Markets acted as joint leads and bookrunners for the offering together with a broad syndicate of leading financial institutions. The Notes will rank equally and ratably with all present and future unsecured and unsubordinated liabilities of Home Trust and are not covered by CDIC insurance.

RBC Capital Markets, based in Toronto, Ontario, is a global investment bank providing services in banking, finance and capital markets to its clients.

McCarthy Tétrault LLP advised RBC Capital Markets with a team led by Andrew Parker that included Victoria Zed (Business).