On June 11, 2015, Aéroport de Québec inc. completed a $265 million financing. The funds raised will be allocated to capital expenditures over the upcoming years, in particular to finance the international arrivals terminal at Québec City’s Jean Lesage International Airport.
The financing was realized through the issuance of privately placed unsecured long term notes in an aggregate principal amount of $265 million. Scotia Capital Inc. acted as lead manager for a syndicate of agents.
Jean Lesage International Airport was established in 1939 and is the second busiest passenger airport in Québec. Jean Lesage International Airport has a capacity of 1.4 million passengers annually.
McCarthy Tétrault LLP represented Aéroport de Québec inc. with a team consisting of Philippe Leclerc and Mathieu Leblanc supporting the corporate secretary of Aéroport de Québec inc, Sophie Lefrançois.