First Nations Finance Authority

First Nations Finance Authority in its $126 million offering of Senior Secured Bonds

Client

First Nations Finance Authority

Value

$126 million

Service

Capital Markets

Date Closed

October 2017

Lead Office

Vancouver

 

On October 26, 2017, First Nations Finance Authority (“FNFA”) announced its $126,000,000 offering 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), and Colena Der (Taxation).