Reuters exclusively reported that Canada’s largest pension fund CPP Investments is set to raise C$500 million in its first “reverse inquiry” bond, a debt instrument that is issued in response to investor demand. The bond offer gives Canadian institutional investors a rare opportunity to buy into the pension manager’s debt at an attractive coupon.
Government
Reuters reveals Canadian pension fund CPPI to issue first ‘reverse inquiry’ bond on investor demand
02 December 2022, 5:51 pm. 1 minute
Article Tags
Topics of Interest: Government
Type: Reuters Best
Sectors: Government & Public Services
Regions: North America
Countries: Canada
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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