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Published on 6/22/2022 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

PSP offers dollar notes due 2027 at 58 bps area over SOFR mid-swaps

By Marisa Wong and Cristal Cody

Los Angeles, June 22 – PSP Capital Inc. is offering dollar-denominated benchmark notes due June 29, 2027 in the SOFR mid-swaps plus 58 basis points area, according to a market source.

PSP is marketing the Rule 144A and Regulation S notes Wednesday.

Barclays, BMO Capital Markets Corp., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are the bookrunners.

PSP Capital is the principal financing arm of the Ottawa-based Public Sector Pension Investment Board.


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