407 International issues C$350 million of medium-term notes
On November 4, 2016, 407 International Inc. completed the issuance of C$350 million aggregate principal amount of 2.43% senior notes, Series 16-A2, due May 4, 2027 in an agency transaction.
The notes were issued under its C$1.5 billion medium-term notes program and pursuant to a base shelf prospectus dated March 18, 2015, through a syndicate led by BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc. and also includes CIBC World Markets Inc., Casgrain & Company Limited, National Bank Financial Inc., Scotia Capital Inc., and TD Securities Inc.
407 International is owned by Cintra Global Holding Limited, 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.