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BCI QuadReal Realty completes $350M Green Bond Series 7 Senior Note offering

On March 14, 2025, a syndicate of agents co-led by CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc. completed the successful green bond issuance of $350 million 3.281 percent Series 7 Senior Notes due March 14, 2028 issued by BCI QuadReal Realty (“BQR”), the primary issuing entity of unsecured notes for British Columbia Investment Management Corporation’s (“BCI”) real estate program. This is BQR’s fifth green bond offering and was issued under QuadReal's Green Bond Framework.

McCarthy Tétrault advised the syndicate of agents with a team led by Andrew Parker that included Jeremy Pleasant, Britney Schyf and Jenna Clark (Business).

Company

British Columbia Investment Management Corporation (BCI)

Company

CIBC World Markets Inc.

Law Firm / Organization
McCarthy Tétrault LLP
Lawyer(s)

Andrew Parker

Company

RBC Dominion Securities Inc.

Law Firm / Organization
McCarthy Tétrault LLP
Lawyer(s)

Andrew Parker

Company

Scotia Capital Inc.

Law Firm / Organization
McCarthy Tétrault LLP
Lawyer(s)

Andrew Parker

Public/Private Offering
Banking/Finance
$ 350,000,000
Closed
14 March 2025