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CGI Inc. completes a private offering of C$750 million aggregate principal amount of 3-year and 5-year senior unsecured notes

Fasken
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Overview

Client

CGI Inc.

On September 5, 2024, CGI Inc. (“CGI”) (TSX: GIB.A) (NYSE: GIB) completed a private offering of C$750 million aggregate principal amount of senior unsecured notes, consisting of C$300 million aggregate principal amount of 3-year notes bearing interest at the rate of 3.987% per annum and C$450 million aggregate principal amount of 5-year notes bearing interest at the rate of 4.147% per annum.

The notes were offered in Canada on an agency basis by a syndicate of agents led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., Desjardins Securities Inc. and TD Securities Inc.

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.

A Fasken team composed of Jean Michel Lapierre, Guillaume Saliah, Laura Fabi, Geneviève Richard, Félix Gutierrez, Ryan Rabinovitch and Quentin Lageix advised CGI in connection with this transaction.

Team

  • Jean Michel Lapierre, Partner | Mergers & Acquisitions, Montréal, QC, +1 514 397 7579, jmlapierre@fasken.com
  • Guillaume Saliah, Partner | Corporate/Commercial, Mergers & Acquisitions, Montréal, QC, +1 514 397 4371, gsaliah@fasken.com
  • Laura Fabi, Associate | Corporate/Commercial, Montréal, QC, +1 514 657 5097, lfabi@fasken.com
  • Geneviève Richard, Associate | Corporate/Commercial, Montréal, QC, +1 514 657 8782, grichard@fasken.com
  • Félix Gutierrez, Partner | Project Finance, Montréal, QC, +1 514 397 5136, fgutierrez@fasken.com
  • Quentin Lageix, Partner | Tax Law, Montréal, QC, +1 514 397 7654, qlageix@fasken.com