407 International issues C$150 million of medium term notes
On March 27, 2015, 407 International Inc. (407) completed the issuance of C$150 million aggregate principal amount of 3.30% senior notes, Series 15-A1, due March 27, 2045, in an agency transaction.
The notes were issued, under 407's C$1.5 billion medium-term notes program and pursuant to a base shelf prospectus dated March 18, 2015, through a syndicate of agents led by RBC Dominion Securities Inc. and BMO Nesbitt Burns Inc., and which included CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc., Casgrain & Company Limited and TD Securities Inc.
407 International is owned by Cintra Infraestructuras Internacional, S.L., a wholly owned subsidiary of Ferrovial S. A. (43.23%), by indirectly owned subsidiaries of Canada Pension Plan Investment Board (total 40%), and by SNC-Lavalin (16.77%).
Further information can be found on Canada Newswire's website.