On September 16, 2021, CGI Inc. (“CGI”) (TSX: GIB.A) (NYSE: GIB) completed a private placement offering of C$600 million aggregate principal amount of 2.100% senior unsecured notes due 2028. The Canadian dollar denominated senior unsecured notes were offered in Canada on an agency basis by a syndicate of agents led by Scotia Capital Inc., TD Securities Inc., CIBC World Markets Inc. and Desjardins Securities Inc.
The offering supplemented CGI’s private offering in the U.S. and Canada of US$1.0 billion in aggregate principal amount of senior unsecured notes, consisting of US$600 million aggregate principal amount of 5-year notes and US$400 million aggregate principal amount of 10-year notes, completed on September 14, 2021.
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.
Fasken acted as counsel to CGI with a team comprised of Jean Michel Lapierre, Jean-Pierre Chamberland, Monica Dingle, Alexandre Morin, Guillaume Saliah and Nancy Xiaoyu Liu (Corporate), Marc Novello, Félix Gutierrez and Marwan El-Sayegh (Banking), and Ryan Rabinovitch and Quentin Lageix (Tax).
Jurisdiction
- Québec
