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Greater Toronto Airports sells USD383m of medium-term notes

3-Jun-2010 11:02 AM

Canada's Greater Toronto Airports Authority reportedly sold CAD400 million (USD383 million) of 30-year medium-term notes on 02-Jun-2010 (Reuters, 02-Jun-2010). The 5.63% notes will reportedly mature on 07-Jun-2010 and were priced at 99.899 to yield 5.637%, or 183 basis points over the Canadian Government benchmark. The lead manager on the sale was the investment dealer arm of Bank of Montreal.