Reuters announces that Canadian pension fund CPPI will issue first reverse inquiry bond in response to investor demand

government

Dec 02, 2022 at 5:51 p.m. 1 minute

Reuters exclusively reported that Canada’s largest pension fund, CPP Investments, is ready to raise C$500 million in its first “Reverse Inquiry” bond, a debt instrument issued in response to investor demand. The bond offering offers Canadian institutional investors a rare opportunity to buy into the pension manager’s debt at an attractive coupon.

article tags

Topics of interest: government

Type: Reuters best

Sectors: government and public services

Regions: North America

Countries: Canada

Types of prizes: exclusivity

Story Types: Exclusive / Scoop

Media Types: text

Impact on the customer: Significant National History