Filing of a final Base Shelf Prospectus

    MONTREAL, March 19 /CNW Telbec/ - Caisse centrale Desjardins today
announced that it has filed a Short Form Base Shelf Prospectus with provincial
securities regulators in Canada providing for the issuance of Medium Term
Notes. The Medium Term Notes may be issued from time to time during the
25 months following a receipt for the Short Form Shelf Prospectus in an
aggregate principal amount of up to Cdn.$5,000,000,000 (or the equivalent
amount in other currencies based on the applicable exchange rate at the time
of offering). Net proceeds resulting from the issuance of Medium Term Notes
will be used by Caisse centrale to carry out its functions as financial agent
of the Desjardins Group, namely in its lending operations to is members, large
and medium sized business corporations and governmental and paragovernmental
    The Medium Term Notes have been provisionally rated AA by Dominion Bond
Rating Service, AA- by Standard & Poor's and Aa1 by Moody's. The dealers for
the Medium Term Note Program are BMO Nesbitt Burns Inc., Desjardins Securities
Inc., Scotia Capital Inc., TD Securities Inc., CIBC World Markets Inc., RBC
Dominion Securities Inc., Merrill Lynch Canada Inc., National Bank Financial
Inc., Laurentian Bank Securities Inc., Casgrain & Company Ltd., Deutsch Bank
Securities Limited., Societe Generale Securities Inc. and HSBC Securities
(Canada) Inc.
    These securities have not been and will not be registered under the
United States Securities Act of 1933, as amended, or under any state
securities laws and may not be offered, sold or delivered in the United States
or to anyone in the U.S., except in certain transactions exempt from
    This press release does not constitute an offer to sell or the
solicitation of any offer to buy securities in any province, state or
jurisdiction in which such offer or solicitation would be unlawful prior to
registration or qualification under the securities laws of any such province,
state or jurisdiction.


    Caisse centrale Desjardins acts as financial agent of the Desjardins
Group. The shares of the capital stock of Caisse centrale are held primarily
by the Fédération des caisses Desjardins du Québec which, along with its
member caisses, is a full member of Caisse centrale, and by the three
federations of caisses populaires in Ontario, Manitoba and New-Brunswick,
which are auxiliary members of Caisse centrale.

For further information:

For further information: Vincent Brossard, Legal and Corporate Affairs
Director, (514) 281-7315, 1-800-508-2874 ext. 7315,;

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890