VICTORIA, Oct. 25, 2013 /CNW/ - BC Ferries announced the closing of a
$200 million senior secured bond issue today.
The privately placed bonds, which are rated A by DBRS and A+ by Standard
& Poor's, were sold to institutional investors across Canada. The bonds
bear interest at 4.702% per annum, and mature October 23, 2043.
The bond syndicate consisted of CIBC World Markets Inc., RBC Dominion
Securities Inc., BMO Nesbitt Burns Inc., TD Securities Inc. and Scotia
SOURCE: British Columbia Ferry Services Inc.
For further information:
BC Ferries, Media Relations
Victoria: (250) 978-1267