A&O Shearman advises on CDP Financial Inc.’s CAD750 million senior notes offering

This was an offering of additional 3.650% Senior Notes due 2035, which were originally issued by CDP Financial Inc. in October 2025. Notes issued under the Program are fully and unconditionally guaranteed by Caisse de dépôt et placement du Québec, parent company of CDP Financial Inc. 

 

La Caisse is one of Canada’s leading institutional asset managers, based on assets under management, and is a mandatary (a limited, agent-like status) of the Province of Québec. As a global investment group, La Caisse is active in the major financial markets, private equity, infrastructure, real estate and private debt. As at June 30, 2025, La Caisse’s net assets totaled CAD496bn.

 

The A&O Shearman team was led by U.S. capital markets partner Ryan Robski and tax partner Larry Crouch, and associates Nick Slagter and Jahanvi Pandit.