National Bank of Canada issues offering of US$255M Floating Rate Covered Bonds, Series CBL 19
Date Closed
April 21, 2022
Lead Office
Montréal
Value
255.00 Million USD
On April 21, 2022, National Bank of Canada issued an offering of an aggregate amount of US$255 million Floating Rate Covered Bonds, Series CBL 19, due November 1, 2024. The offering was undertaken pursuant to a C$20 billion Legislative Global Covered Bond Programme.
National Bank of Canada is the sixth largest commercial bank in Canada. It is headquartered in Montreal.
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).