$200 Million of Medium Term Notes Issued by 407 International Inc.

TORONTO, Sept. 6, 2012 /CNW/ - 407 International Inc. announced today that it has agreed to issue $200 million aggregate principal amount of 3.98% Senior Notes, Series 12-A2, due September 11, 2052, through its $1.2 billion Medium-Term Notes program and pursuant to a base shelf prospectus dated August 3, 2012, in an agency transaction with a syndicate led by RBC Dominion Securities Inc. and BMO Nesbitt Burns Inc.  The syndicate also includes National Bank Financial Inc., Scotia Capital Inc., TD Securities Inc., Casgrain & Company Limited and CIBC World Markets Inc. The distribution of the Senior Notes is scheduled to close on September 11, 2012.

Aggregate net proceeds of approximately $187.2 million, after paying the costs of issuance and funding of the Series 12-A2 series reserve account, will be used for general corporate purposes.

407 International Inc. is owned by Cintra Infraestructuras S.A., a wholly owned subsidiary of Ferrovial S. A. (43.23%), by indirectly owned subsidiaries of Canada Pension Plan Investment Board (total 40%), and by SNC-Lavalin (16.77%).

News releases are available at www.407etr.com.

SOURCE: 407 International Inc.

For further information:

Investors:
Louis-M. St-Maurice
Chief Financial Officer
Tel: 905-265-4070

Media:
Kevin Sack
Vice President
Communications and Government Relations
Tel: 905-264-5374  


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