Canadian Bonds Calendar

WEEK OF APRIL 25

HOME CAPITAL GROUP INC.: C$150 million debentures due 2016; Scotia Capital Inc. (lead); BMO Nesbitt Burns Inc., Desjardins Securities Inc., RBC Dominion Securities Inc. and Cormark Securities Inc. (co-managers); proceeds to provide additional capital to Home Trust Co., a subsidiary of Home Capital, to meet regulatory requirements for growth and for general corporate purposes; Home Capital Group is a Toronto-based mortgage lender and credit services provider; offering closes May 2.

ON THE HORIZON

FINANCEMENT-QUEBEC: Reopening of 3.5% notes due Dec. 1, 2017 (Aa2/A+//DBRS: A); sized at C$600 million-C$1 billion; debt guaranteed by Province of Quebec; provincial agency that provides financial services to public institutions.

FLAKEBOARD CO. LTD.: $225 million seven-year senior secured notes (B2/B/); J.P. Morgan Securities LLC, Goldman Sachs & Co.; non-callable for four years; to repay bank debt; Markham, Ont.-based manufacturer of composite panel products.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.