CDP Financial Inc. issued a US$500 million aggregate principal amount of Floating Rate Notes due 2028 under its USD30 billion Senior Note Program. Notes issued under the Program are fully and unconditionally guaranteed by Caisse de dépôt et placement du Québec (CDPQ), parent company of CDP Financial Inc.

CDPQ is one of Canada’s leading institutional asset managers, based on assets under management, and is a mandatary of the Province of Québec. 

Davies acted for CDPQ and CDP Financial.