National Bank of Canada completes offering of GBP£750M Floating Rate Covered Bonds
May 05, 2022
750.00 Million GBP
On May 5, 2022, National Bank of Canada issued an offering of an aggregate amount of GBP£750 million Floating Rate Covered Bonds, Series CBL 20, due May 5, 2026. The offering was undertaken pursuant to a C$20 billion Legislative Global Covered Bond Programme.
National Bank of Canada, headquartered in Montreal, is the sixth largest commercial bank in Canada.
McCarthy Tétrault LLP advised National Bank of Canada with a team led by Laure Fouin that included Marc MacMullin, Candace Pallone, Tina Benson, Adina Chis and Achille Treuil (Business).