A&O Shearman advises on CDP Financial Inc.’s USD150 Million senior notes offering

This was an offering of additional Floating Rate Notes due 2029, which were originally issued by CDP Financial Inc. in April 2026. Notes issued under the Program are fully and unconditionally guaranteed by Caisse de dépôt et placement du Québec (La Caisse), 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 December 31, 2025, La Caisse’s net assets totaled CAD517bn.

The A&O Shearman team was led by U.S. capital markets partner Ryan Robski, associate Nick Slagter, and law clerk Melani Vilenchik.