LÉVIS, QC, April 13, 2012 /CNW Telbec/ - Capital Desjardins Inc. announced today that it has called for redemption all of its outstanding $300 million principal amount at 6.322% Series C Senior Notes due 2017.
The Notes will be redeemed on June 1, 2012 at a price equal to the principal amount thereof, together with accrued and unpaid interest to but excluding June 1, 2012.
About Capital Desjardins
A wholly-owned subsidiary of the Fédération des caisses Desjardins du Québec, Capital Desjardins, offers its own securities in the financial markets and invests the proceeds in securities issued by Desjardins caisses. When caisses need capital, they do business with Capital Desjardins, which acts as a bridge between them and institutional investors by consolidating the securities they issue.
About Desjardins Group
Desjardins Group www.desjardins.com is the leading cooperative financial group in Canada with assets of $190 billion. Drawing on the strength of its caisse network in Québec and Ontario and its subsidiaries across Canada, it offers a full range of financial products and services to its 5.6 million members and clients. Desjardins specializes in Wealth Management and Life and Health Insurance, in Property and Casualty Insurance, in Personal Services, in Business and Institutional Services. As one of the largest employers in the country and among Canada's Top 100 Employers for 2012TM, Desjardins is supported by the skills of its 44,645 employees and the commitment of nearly 5,400 elected officers. A new education and cooperation program is now available to Desjardins members and the general public. For more information, visit www.desjardins.com/co-opme.
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