ACS refinances Montreal Autoroute 30 debt

On Thursday June 4, ACS Infrastructure Canada, Inc. successfully closed the CAD $1.218 billion of Senior Notes in a comprehensive refinancing of the project debt for its Autoroute 30 concession project. The refinancing was targeted mainly at large insurance companies and pension funds across Canada and the United States.

The bond issuance is considered the largest transportation P3 bond deal in Canadian history. Nevertheless, the offering was oversubscribed more than three times.


About Bill Reinhardt

Editor of Public Works Financing newsletter
This entry was posted in Take Back Infrastructure. Bookmark the permalink.