Aéroports de Montréal (ADM), the local airport authority responsible for the management, operation and development of YUL Montréal–Trudeau International Airport and YMX International Aerocity of Mirabel, completed a private placement of $500 million 3.030 per cent Revenue Bonds, Series R, due Apr. 21, 2050.
The bonds were offered through an agency syndicate consisting of CIBC World Markets Inc., Desjardins Securities Inc. and RBC Dominion Securities Inc., as joint lead dealers and joint bookrunners, and including National Bank Financial Inc., BMO Nesbitt Burns Inc. and HSBC Securities (Canada) Inc.
ADM was represented by Sylvain Choinière, vice-president, legal affairs and corporate secretary of ADM, assisted by Sophie Prégent and Éric Lalonde also from ADM, and a team from Dentons Canada LLP including Vitale Santoro, Robert Roth, Shan Jiang and Sabrina Mach (corporate finance and securities).
