Capital Markets

First Nations Finance Authority in its $138 million offering of Senior Secured Bonds

First Nations Finance Authority
Expertise
Capital Markets
Key Contact
Trevor R. Scott

Partner, Corporate, Vancouver

Team
Patrick J. Sullivan

Partner, Corporate, Vancouver

On September 25, 2018, First Nations Finance Authority (“FNFA”) closed an offering of an additional $138,000,000 principal amount of 3.05% Senior Secured Bonds, Series 2017-1, due June 1, 2028.

FNFA is the centralized borrowing agency for eligible First Nations across Canada. The FNFA provides investment options, capital planning advice, and access to long-term loans with preferable interest rates.

Osler, Hoskin & Harcourt LLP represented FNFA with a team consisting of Trevor Scott and Patrick Sullivan (Corporate), Adam Bosma (Corporate) and Sergio Ortega (Corporate).

Value
$138 million
Date Closed
September 25, 2018
Lead Office
Vancouver
Key Contact
Trevor R. Scott

Partner, Corporate, Vancouver

Team
Patrick J. Sullivan

Partner, Corporate, Vancouver