CPPIB-backed 407 International completes $200 mln senior notes offering
407 International Inc, which is engaged in the operation, maintenance and management of Highway 407 in the greater Toronto area, this week completed an offering of $200 million senior secured 4.68% medium-term notes. Net proceeds were approximately $186.5 million. Forty percent of the company is owned by Canada Pension Plan Investment Board. Torys LLP represented 407 International in the transaction.
10 October 2013•2 mins read
