Power Corporation Issues $400M of Debentures

On April 20, 2009, Power Corporation of Canada issued $250 million principal amount of 7.57 per cent debentures due April 22, 2019 and $150 million principal amount of 8.57 per cent debentures due April 22, 2039 for gross proceeds of $400 million pursuant to a prospectus supplement to its base shelf prospectus. The offering was made through a syndicate of agents co-led by BMO Nesbitt Burns Inc. and Scotia Capital Inc., that also included RBC Dominion Securities Inc., CIBC World Markets Inc., National Bank Financial Inc., TD Securities Inc. and Casgrain & Company Limited.

Power Corporation of Canada was represented by Ernest McNee, Michael Sharp, Eric Moncik, Freda Kwon, Kym Zelinski (securities) and Chris Van Loan (tax) of Blake, Cassels & Graydon LLP.

The agents were represented by Renaud Coulombe, Stephen Kelly, Mathieu Deschamps (securities) and Jules Charette (tax) of Ogilvy Renault LLP.


Christopher R.J. Van Loan Jules Charette Michael W. Sharp Stephen J. Kelly Eric Moncik Ernest McNee Kym Zelinski Renaud Coulombe Mathieu Deschamps