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Client Work

Caisse centrale Desjardins issues US$500 million of medium term deposit notes

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Caisse centrale Desjardins

On June 8, 2010, Caisse centrale Desjardins issued $500 million principal amount of Series 2010-3 Medium Term Deposit Notes. This $500 million offering is the first to be made by Caisse centrale Desjardins under the terms of a base shelf prospectus dated April 13, 2010, which provides for the issuance of up to $5 billion of unsecured medium term deposit notes with maturities of more than one year. Desjardins Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., Scotia Capital Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc., Casgrain & Company Ltd. and Laurentian Bank Securities Inc. acted as agents with respect to the offering. Fasken Martineau acted as counsel to Caisse centrale with a team that included Peter Villani, Jean Michel Lapierre and Christian Jacques (corporate/securities).


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