GTAA Completes Issue of Notes Due October 5, 2051

By CNW Group

The Greater Toronto Airports Authority (“GTAA”) today announced that it has completed an offering of $400 million 3.15% Notes due October 5, 2051 (Secured), Series 2021-1 (the “Notes”) on a private placement basis (the “Offering”) pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws. The net proceeds of the Offering will be used to partially repay certain short-term indebtedness of the GTAA. The co-lead agents for the Offering were RBC Dominion Securitie

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