Greater Toronto Airports Authority

Greater Toronto Airports Authority in its $400 million offering

Client

Greater Toronto Airports Authority

Value

$400 million

Service

Capital Markets

Date Closed

October 2021

Industry

Transportation & Logistics

Lead Office

Toronto

 

On October 5, 2021, the Greater Toronto Airports Authority completed its $400 million 3.15% notes offering. The offering was made by a syndicate of agents led by RBC Dominion Securities Inc., BMO Nesbitt Burns Inc. and CIBC World Markets Inc., and included National Bank Financial Inc., Scotia Capital Inc. and TD Securities Inc.

The Greater Toronto Airports Authority is the operator of Toronto Pearson International Airport, Canada’s largest airport facility in terms of total passenger traffic and North America’s second largest airport by international traffic.

Osler, Hoskin & Harcourt LLP advised Greater Toronto Airports Authority with a team consisting of John Macfarlane, Sandra Malcolm, Kevin Feng, Ben Fickling (Corporate), Timothy Hughes and James Chang (Tax).