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Published on 11/18/2009 in the Prospect News Investment Grade Daily.

CDP Financial plans to price notes in five-, 10-, 30-year tranches

By Andrea Heisinger

New York, Nov. 18 - CDP Financial Inc. is planning to sell notes (Aaa/AAA/AAA) in three tranches, market sources said on Wednesday.

The offering consists of five-, 10- and 30-year tranches and is expected to price on Thursday.

Bank of America Merrill Lynch and Goldman Sachs & Co. are running the books.

The subsidiary of public pension plan provider Caisse de depot et placement du Quebec develops public financing programs and is based in Quebec.


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