CPPIB launches three-year Kangaroo

Disclosure type: launch
Issuer name: CPPIB Capital, guaranteed by the Canadian Pension Plan Investment Board
Issuer rating: AAA/Aaa
Expected issue rating: as issuer
Announcement date: 4 January 2023
Expected pricing date: ND
Lead managers: Deutsche Bank, Nomura, RBC Capital Markets

Transaction type: Kangaroo senior-unsecured
Currency: AUD
Indicative volume: benchmark
Maturity date: 16 January 2026
Coupon type: fixed
Price guidance: 55bp/s-q swap, equivalent to 106.5bp/November 2025 ACGBs