CGI Inc. announced the pricing of a C$500M private placement of Canadian dollar-denominated senior unsecured notes across two tranches. The offering comprises C$250M of 3.25-year notes bearing an annual interest rate of 4.195%, and C$250M of 4.75-year notes bearing an annual interest rate of 4.484%. CGI expects net proceeds of approximately C$497.3M after deducting agents' fees and estimated offering expenses, with the funds earmarked to repay existing debt and for general corporate purposes. The agency-basis private placement is led by Scotia Capital Inc., Desjardins Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., RBC Dominion Securities Inc., and TD Securities Inc. The offering is expected to close on or about September 14, 2026.
Bank of Nova Scotia
Toronto Dominion BankCGI IncCGI prices C$500M dual-tranche senior unsecured notes to repay debt and for general corporate purposes
