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Issuance of C$1.25 billion of 4.264% Non-Viability Contingent Capital (NVCC) Notes (Subordinated Indebtedness) by Fédération des Caisses Desjardins du Québec

Fasken
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Overview

Client

Desjardins Securities Inc.

On January 24, 2025, the Fédération des Caisses Desjardins du Québec issued C$1.25 billion of 4.264% Non-Viability Contingent Capital (NVCC) Notes (Subordinated Indebtedness) by way of prospectus supplement.

The notes were offered by a syndicate of dealers led by Desjardins Securities Inc. comprised of RBC Dominion Securities Inc., Scotia Capital Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., TD Securities Inc., National Bank Financial Inc., Casgrain & Company Limited, Laurentian Bank Securities Inc. and Manulife Wealth Inc.

A Fasken team comprised of Peter Villani, Guillaume Saliah, Damien Hallé-Hannan, Mathieu Kiriakos (Capital Markets), Quentin Lageix and Youcef Belrachid (Tax) advised the dealers.

Jurisdiction

  • Québec

Team

  • Peter Villani, Partner | Mergers & Acquisitions, Montréal, QC, +1 514 397 4316, [email protected]
  • Guillaume Saliah, Partner | Corporate/Commercial, Mergers & Acquisitions, Montréal, QC, +1 514 397 4371, [email protected]
  • Mathieu Kiriakos, Associate | Corporate/Commercial, Montréal, QC, +1 514 657 2461, [email protected]
  • Quentin Lageix, Partner | Tax Law, Montréal, QC, +1 514 397 7654, [email protected]
  • Youcef Belrachid, Associate | Tax Law, Montréal, QC, +1 514 397 5205, [email protected]
Peter Villani Associé/Partner Montréal Peter Villani Partner | Mergers & Acquisitions Montréal, QC +1 514 397 4316
Guillaume Saliah, Partner | Corporate/Commercial, Mergers & Acquisitions Guillaume Saliah Partner | Corporate/Commercial, Mergers & Acquisitions Montréal, QC +1 514 397 4371
Mathieu Kiriakos, Associate | Corporate/Commercial Mathieu Kiriakos Associate | Corporate/Commercial Montréal, QC +1 514 657 2461
Youcef Belrachid, Associate, Fasken Youcef Belrachid Associate | Tax Law Montréal, QC +1 514 397 5205