Québec, June 11, 2015 – Aéroport de Québec inc. announced today that it has completed a $265 million financing. The new funds will be allocated to capital expenditures over the following years, more particularly to finance the international arrivals sector at Québec City Jean Lesage International Airport.
The financing was realized through the issuance of privately placed unsecured long term notes for an aggregate principal amount of $265 million exempt from prospectus requirements under applicable securities legislation. Scotia Capital inc. acted as lead manager for a syndicate of agents.
“The participation of major Canadian financial institutions in this financing demonstrates their confidence in the future of our company and their acknowledgement of our sound financial management”, said Mr. Gaëtan Gagné, President and CEO of Aéroport de Québec inc. “Our financing strategy provides support for the growth we’re currently experiencing, but, above all, it allows us to be faithful to our primary value,“Passenger First®”, he concluded.
Director of Communications and Public Relations
Aéroport de Québec inc.
Tel.: 418-640-2700, ext. 2625