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Client Work

Caisse centrale Desjardins renews up to US$5 billion medium term note program

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Caisse centrale Desjardins

On April 13, 2010, Caisse centrale Desjardins filed a short form base shelf prospectus qualifying, during the 25 month period such prospectus remains valid, the issuance of up to $5 billion of unsecured medium term deposit notes with maturities of more than one year. Medium term deposit notes may be issued on the basis of Caisse centrale's funding requirement subject to the maximum amount indicated above, and the net proceeds of any such issuance will be used by Caisse centrale in the normal course of business. The medium term deposit notes may be offered by one or more of Desjardins Securities Inc., BMO Nesbitt Burns Inc., Casgrain & Company Ltd., CIBC World Markets Inc., HSBC Securities (Canada) Inc., Laurentian Bank Securities Inc., Merrill Lynch Canada Inc., National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., TD Securities Inc., and other dealers that may be appointed from time to time. Fasken Martineau acted as counsel to Caisse centrale with a team that included Peter Villani and Jean Michel Lapierre (corporate/securities).


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