PSP Capital to make international bond market debut

By Lewis McLellan
29 Apr 2021

PSP Capital, the debt issuance arm of Canada’s Public Sector Pension Investment Board, is planning a dollar benchmark — its first international bond ever.

The borrower has selected Citi, HSBC, RBC Capital Markets and TD Securities to run the books for a dollar benchmark with 144A and Reg S documentation. The borrower is wholly owned by the Canadian government. S&P rates it AAA.

The planned schedule is for Citi to ...

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