CDP Financial Inc. issued an additional C$750 million aggregate principal amount of 4.200% Senior Notes due 2030. These notes were originally issued in December 2023 and are part of a $25 billion Senior Notes Program. The notes are fully and unconditionally guaranteed by Caisse de dépôt et placement du Québec (CDPQ), which is one of Canada's leading institutional asset managers with C$424 billion in net assets as of June 30, 2023.

Shearman & Sterling represented the agents, including BMO Capital Markets, National Bank Financial Markets, Scotiabank, TD Securities, Casgrain & Company Limited, CIBC Capital Markets, Desjardins Capital Markets, Laurentian Bank Securities, and RBC Capital Markets, in connection with this Regulation S offering. Davies Ward Phillips & Vineberg LLP acted for CDPQ and CDP Financial Inc. in this transaction.

The offering highlights CDPQ's role as the sole asset manager for the majority of public-sector pension and insurance plans in Québec, underlining its significant status as a mandatary of the Government of Québec. The issuance is part of CDPQ's ongoing strategy to leverage its strong financial position to support long-term investment objectives.