On March 3, 2026, Fédération des Caisses Desjardins du Québec issued C$1 billion of 3.856% Non-Viability Contingent Capital (NVCC) Notes (Subordinated Indebtedness) due 2036 by way of prospectus supplement.
The notes were offered by a syndicate of dealers led by Desjardins Securities Inc. comprised of Scotia Capital Inc., TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., National Bank Financial Inc., Casgrain & Company Limited, Cedar Leaf Capital Inc., Laurentian Bank Securities Inc., and Manulife Wealth Inc.
A Fasken team comprised of Peter Villani, Guillaume Saliah, Damien Hallé-Hannan, Sarah Pineau (Capital Markets), Quentin Lageix and Youcef Belrachid (Tax) advised the dealers.
Jurisdiction
- Québec