OMERS Finance Trust successfully completes offering of USD term notes
OMERS Finance Trust (OFT) closed its USD 1 billion, five-year USD Reg S / 144a notes. The notes are guaranteed by OMERS Administration Corporation (AC), rated Aa1/AA+/AAA/AAA (Moody's / S&P / Fitch / DBRS). This marks OFT’s sixth USD offering as an SSA issuer.
BofA Securities, Citigroup, RBC Capital Markets and TD Securities acted as joint lead managers on the transaction. The five-year USD note priced at a yield of 4.061%, which is equivalent to a spread of 64 bps over the equivalent US Treasury. The notes mature on April 20, 2028.
Americas | 57% |
Europe, Middle East, Africa | 26% |
Asia | 17% |
By Geography: | |
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Americas | 57% |
Europe, Middle East, Africa | 26% |
Asia | 17% |
Central Banks & Official Institutions | 40% |
Bank Treasuries & Private Banks | 29% |
Asset Managers & Corporate | 28% |
Pension, Insurance & Other | 3% |
By Investor Type: | |
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Central Banks & Official Institutions | 40% |
Bank Treasuries & Private Banks | 29% |
Asset Managers & Corporate | 28% |
Pension, Insurance & Other | 3% |