On May 4, 2026, Fiera Capital Corporation, a leading independent asset management firm, completed a private placement of a senior subordinated unsecured debenture in a principal amount of $100 million to Fonds de solidarité FTQ issued at par, concurrently with the redemption of its 6.00% senior subordinated unsecured debenture due June 30, 2027, previously issued to Fonds de solidarité FTQ, at its principal amount of $100 million.
The debenture bears interest at a rate of 7.40% per annum, payable semi-annually in arrears, and will mature on April 30, 2031.
Fasken represented Fiera with a team that included Jean Michel Lapierre, Jean-Pierre Chamberland and Sarah Pineau (capital markets), Félix Gutierrez (financial institutions) and Andrew Haikal and Youcef Belrachid (tax).
Jurisdiction
- Québec
