British Columbia Investment Management Corporation completes C$1.5B reopening of its 4.00% Senior Unsecured Notes, Series 3, due June 2, 2035

On August 21, 2025, British Columbia Investment Management Corporation ("BCI") completed a C$1.50 billion reopening of its senior unsecured notes, series 3, with a coupon of 4.00% and a maturity date of June 2, 2035.

The offering was made through a syndicate of agents co-led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., and RBC Dominion Securities Inc.

BCI is a leading provider of investment management services to British Columbia's public sector, with $295 billion of gross assets under management. 

McCarthy Tétrault advised the syndicate of agents with a team led by Andrew Parker that included Jeremy Pleasant, Joe Furness, Sarah Xu, Grace Simpson (Business) and Kabir Jamal (Tax).