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Vancouver International Airport Authority completes private placements

Date Closed

December 7, 2006

Lead Office



350.00 Million CAD

On December 14, 2006, the Vancouver International Airport Authority completed two private placements of debt securities, the first being C$150 million of Floating Rate Debentures and the second being C$200 million Series D Debentures due December 7, 2018. The proceeds of the Floating Rate Debentures were used to provide funding for capital expenditures and for general corporate purposes and the proceeds of the Series D Debentures were used to repay its Series A Debentures due December 7, 2006 and for general corporate purposes.

McCarthy Tétrault LLP advised the Vancouver International Airport Authority with a team that included Byran Gibson, Linda Brown, Salima Datoo, Jeremy Feist, and Michael Urbani.