OMERS Finance Trust successfully completes offering of EUR term notes

OMERS Finance Trust (OFT) closed its EUR 750 million, 5-year EUR Reg S / 144a notes. The notes are guaranteed by OMERS Administration Corporation (AC), rated Aa1/AA+/AAA/AAA (Moody's / S&P / Fitch / DBRS). This marks OFT’s second EUR offering as an SSA issuer.

BNP Paribas, Citigroup, Credit Agricole CIB and TD Securities acted as joint lead managers on the transaction. The 5-year EUR note priced at a yield of 3.246%, which is equivalent to a spread of 101.7 bps over the equivalent German Bunds. The notes mature on January 25, 2029.