CGI announces private offering of C$500 million, in aggregate, of 3.25 year and 4.75 year senior unsecured notes
CGI has priced a private offering of C$500 million aggregate principal of Canadian dollar senior unsecured notes in two series: C$250 million of 3.25 year notes at 4.195% and C$250 million of 4.75 year notes at 4.484%. Net proceeds are expected to be approximately C$497.3 million after fees, and will be used to repay existing indebtedness and for general corporate purposes, with closing expected on or about September 14, 2026.
Key figures
- Net proceeds
- C$497.3 million
- Offering size
- C$500 million
- Expected close
- September 14, 2026
- Tranche 1 size
- C$250 million
- Tranche 2 size
- C$250 million
- Tranche 1 tenor
- 3.25 years
- Tranche 2 tenor
- 4.75 years
- Use of proceeds
- repay existing indebtedness and general corporate purposes
- Tranche 1 coupon
- 4.195%
- Tranche 2 coupon
- 4.484%
- Company fy2025 revenue
- $15.91 billion
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.