Client Work Detail
matter
Power Corporation of Canada Issues $400 Million of Debentures
CLIENT
BMO Nesbitt Burns Inc.
DATE
April 20, 2009
LAWYER(S)
Renaud Coulombe, Stephen Kelly, Mathieu Deschamps, Jules Charette
On April 20, 2009, Power Corporation of Canada issued $250 million principal amount of 7.57% debentures due April 22, 2019 and $150 million principal amount of 8.57% debentures due April 22, 2039 for gross proceeds of $400 million pursuant to a prospectus supplement to its base shelf prospectus. The offering was made through a syndicate of agents co-led by BMO Nesbitt Burns Inc. and Scotia Capital Inc., that also included RBC Dominion Securities Inc., CIBC World Markets Inc., National Bank Financial Inc., TD Securities Inc. and Casgrain & Company Limited.
The agents were represented by Renaud Coulombe, Stephen Kelly, Mathieu Deschamps (securities) and Jules Charette (tax) of Ogilvy Renault LLP.
