First Nations Finance Authority

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

Client

First Nations Finance Authority

Value

$138 million

Service

Capital Markets

Date Closed

September 2018

Lead Office

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).