|Date Closed:||October 12, 2016|
|Deal Value:||$90 million|
|Client Name:||Calgary Fuel Facilities Corporation|
The offering was completed by RBC Dominion Securities Inc. as lead arranger and sole placement agent.
The proceeds of the offering will be used by CFFC to complete construction of a glycol recovery and recycling facility and to develop a stormwater treatment facility at the Calgary International Airport as well as to refinance prior debt related to the development of fuelling infrastructure at the Airport. CFFC is operated on a not-for-profit basis for the benefit of a consortium of 18 airlines that serve the Airport.