Fédération des caisses Desjardins du Québec issues Swiss Franc covered bonds of CHF 265,000,000 at 1.355% and CHF 175,000,000 at 1.420%
Date Closed
April 18, 2024
Lead Office
Toronto
Value
440.00 Million CHF
On April 18, 2024, Fédération des caisses Desjardins du Québec (FCDQ) issued Swiss Franc (CHF) covered bonds consisting of Series CBL23 CHF 265,000,000 at 1.355% due April 18, 2027 and Series CBL24 CHF 175,000,000 at 1.420% due April 18, 2030.
FCDQ, headquartered in Montreal, Quebec, is a component of the Desjardins Group, the largest federation of credit unions in North America.
McCarthy Tétrault advised FCDQ with a team led by Jo-Anna Brimmer that included Marc MacMullin, Candace Pallone (Financial Services), Jonathan Leung (Business) and Leila Far Soares (Articling Student).
