credit agreement – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 04 Nov 2024 20:00:35 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 CPPIB sells stake in French home care company; Ontario court gives retailer protection to Caisse, OMERS, OTPP as Nordstrom leaves Canada https://www.benefitscanada.com/canadian-investment-review/alts/cppib-sells-stake-in-french-home-care-company-ontario-court-gives-retailer-protection-to-caisse-omers-otpp-as-nordstrom-leaves-canada/ Tue, 21 Mar 2023 16:30:15 +0000 https://www.benefitscanada.com/?p=135462 The Canada Pension Plan Investment Board is selling its stake in a scandal-ridden French home care company for €26.1 million — 6.18 per cent of the value of the initial investment. The move follows a restructuring agreement that provides Orpea Groupe’s bondholders with control of the majority of its equity. As part of the terms, other […]

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]]> Ontario Teachers’ facing losses from crypto exchange collapse, Caisse financing Quebec EV manufacturer https://www.benefitscanada.com/news/cir-news-news/ontario-teachers-facing-losses-from-crypto-exchange-collapse-caisse-financing-quebec-ev-manufacturer/ Mon, 14 Nov 2022 17:30:51 +0000 https://www.benefitscanada.com/?p=129784 The Ontario Teachers’ Pension Plan is facing losses from an investment in a cryptocurrency exchange that filed for bankruptcy on Nov. 11. The pension fund invested a total of US$95 million in FTX International, a Bahamas-based exchange, which was valued at US$32 billion in 2021. In October 2021, the Ontario Teachers’ invested US$75 million in FTX, followed by […]

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]]> CPPIB finances global restructuring, investment advisor; OMERS closes sustainable bond offering https://www.benefitscanada.com/canadian-investment-review/fixed-income/cppib-finances-global-restructuring-investment-advisor-omers-closes-sustainable-bond-offering/ Tue, 26 Apr 2022 13:00:46 +0000 https://www.benefitscanada.com/?p=120008 The Canada Pension Plan Investment Board is providing $300 million in credit to a global restructuring and investment advisory firm. The financing of Gordon Brothers, a Boston company that provides capital to businesses, will be delivered through the CPPIB’s subsidiary, CPPIB Credit Investments Inc. The funds will be used to fund capital investment offerings. In 2021, these offerings generated more […]

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