CDP Financial Inc. announced and closed its $170.8 million issuance of 4.875% senior notes due 2029 on June 5, 2024. The exempt distribution involved two purchasers: $122.9 million from an Ontario investor and $47.8 million from a Québec investor.

Barclays Bank PLC acted as the sole dealer, earning $214,000 in cash commissions. Legal advisory was provided by Davies Ward Phillips & Vineberg LLP.

The transaction was conducted under the accredited investor exemption.