QuadReal Announces Closing of $400 Million Green Bond Senior Note Offering | QuadReal
Summary
BQR serves as the primary issuing entity of unsecured notes for British Columbia Investment Management Corporations (BCI) real estate program. As a full-scale development, investment and property management company, our Green Bond Framework offers a well-established sustainable financing platform that continues to resonate with investors, and reflects our commitment to the communities in which we operate.The Senior Notes were made on a private placement basis to accredited investors in Canada and are rated AA (low) with a stable trend by DBRS Limited. The offering was made on an agency basis by a syndicate of agents co-led by CIBC, TD, Scotiabank, and RBC. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. BQRs holdings span property types, geographic locations, investment sizes and risk profiles.