Aéroports de Montréal completes private placement of C$200m 3.918% Revenue Bonds, Series M

June 12, 2015

Client: Aéroports de Montréal

Lawyer:

On June 12, 2015, Aéroports de Montréal ("ADM"), the local airport authority responsible for the management, operation and development of Montréal–Trudeau and Montréal–Mirabel international airports, completed a private placement of C$200m 3.918% Revenue Bonds, Series M due June 12, 2045 (the "Bonds"). The Bonds were offered through an agency syndicate consisting of CIBC World Markets Inc. and RBC Dominion Securities Inc., as joint lead dealers and joint bookrunners and including Desjardins Securities Inc., National Bank Financial Inc., Casgrain & Company Limited and HSBC Securities (Canada) Inc.

The agency syndicate was represented by Norton Rose Fulbright Canada LLP, with a team that included Solomon Sananes, David Crandall and Michelle Felsky (corporate finance and securities).