Obbligazione CPPI Capital Inc 0.75% ( XS2159008601 ) in USD

Emittente CPPI Capital Inc
Prezzo di mercato 100 USD  ⇌ 
Paese  Canada
Codice isin  XS2159008601 ( in USD )
Tasso d'interesse 0.75% per anno ( pagato 2 volte l'anno)
Scadenza 20/10/2022 - Obbligazione č scaduto



Prospetto opuscolo dell'obbligazione CPPIB Capital Inc XS2159008601 in USD 0.75%, scaduta


Importo minimo 250 000 USD
Importo totale 300 000 000 USD
Descrizione dettagliata CPPIB Capital Inc. č la divisione di investimento globale di CPP Investments, responsabile della gestione di un portafoglio diversificato di attivitā a livello mondiale, comprendente azioni pubbliche ed azioni private, infrastrutture, immobili e crediti.

The Obbligazione issued by CPPI Capital Inc ( Canada ) , in USD, with the ISIN code XS2159008601, pays a coupon of 0.75% per year.
The coupons are paid 2 times per year and the Obbligazione maturity is 20/10/2022







EXECUTION VERSION
Pricing Supplement No. 21 For Listing Purposes
Pricing Supplement Dated April 16, 2020
CPPIB Capital Inc.
U.S.$ 300,000,000
0.750% per cent. Fixed Rate Notes due October 21, 2022
under the
Debt Issuance Programme
Deutsche Bank
MIFID II product governance / Professional investors and ECPs only target market
Solely for the purposes of the manufacturer's product approval process, the target market
assessment in respect of the Notes has led to the conclusion that: (i) the target market for the
Notes is eligible counterparties and professional clients only, each as defined in Directive
2014/65/EU, as amended ("MiFID II"); and (ii) all channels for distribution of the Notes to
eligible counterparties and professional clients are appropriate. Any person subsequently
offering, selling or recommending the Notes (a "distributor") should take into consideration
the manufacturer's target market assessment; however, a distributor subject to MiFID II is
responsible for undertaking its own target market assessment in respect of the Notes (by either
adopting or refining the manufacturer's target market assessment) and determining
appropriate distribution channels.
This Pricing Supplement supplements the Offering Memorandum, dated June 7, 2019, as
supplemented by the Offering Memorandum Supplements dated August 15, 2019, November
18, 2019, December 3, 2019, February 17, 2020 and March 25, 2020 relating to CPPIB
Capital Inc.'s Debt Issuance Programme, unconditionally and irrevocably guaranteed by
Canada Pension Plan Investment Board (as so supplemented, the "Offering Memorandum"),
and should be read in conjunction with the Offering Memorandum. Terms used but not
defined herein have the same meaning as in the Offering Memorandum.
1.
Series number:
21
2.
(a) Aggregate principal amount:
U.S.$ 300,000,000
(b) Stated maturity:
October 21, 2022
DC_LAN01:383331.4


3.
(a) Issue date:
April 21, 2020
(b) Issue price:
99.995% of the aggregate principal amount
(c) Price to Agent(s):
99.955% of the aggregate principal amount
(d) Trade date:
April 14, 2020
(e) Settlement date:
April 21, 2020
4.
Authorized denomination(s):
U.S.$250,000 and integral multiples of U.S.$1,000 in
excess thereof
5.
Specified Currency:
United States dollars ("U.S.$"), being the lawful
currency of the United States of America
6.
Interest/payment basis:
Fixed Rate Notes (further particulars specified below)
7.
Fixed Rate Notes:
Applicable
(a) Fixed rate of interest:
0.750% per annum (paid semi-annually)
(b) Interest payment date(s):
Each April 21 and October 21, from and including
October 21, 2020, to and including the stated maturity
(c) Other terms for computing interest:
Not Applicable
(d) Day count fraction:
30/360
(e) Determination Date(s):
Not Applicable
(f) Regular Record Date(s):
With respect to the Notes represented by U.S. Global
Note(s): The first business day (being for this purpose a
day on which commercial banks and foreign exchange
markets settle payments and are open for general
business (including dealing in foreign exchange and
foreign currency deposits) in New York City) before
each interest payment date.
With respect to the Notes represented by Regulation S
Global Note(s): The first business day (being for this
purpose a day on which Euroclear Bank SA/NV and
Clearstream Banking S.A. are open for business) before
each interest payment date.
8.
Original Issue Discount Notes:
No
9.
Redemption at CPPIB Capital Inc.'s and/or
No
Noteholders' option:
10. Additional selling restrictions:
Not Applicable
11. Other terms or special conditions or
Not Applicable
modifications:
12. Applicable definition of Business Day:
"Business day" means (i) a day on which commercial
banks and foreign exchange markets settle payments and
DC_LAN01:383331.4


are open for general business (including dealing in
foreign exchange and foreign currency deposits) in New
York City, (ii) in the case of Notes in definitive form
only, the relevant place of presentation for payment and
(iii) in the case of any payment in respect of a global
Note, a day on which DTC (in respect of any U.S.
Global Note) and Euroclear Bank SA/NV and
Clearstream Banking S.A. (in respect of any Regulation
S Global Note), settle(s) payments in U.S.$.
13. Euroclear and Clearstream, Luxembourg
With respect to the Notes represented by U.S. Global
common code:
Note(s): 216099958
With respect to the Notes represented by Regulation S
Global Note(s): 215900860
CUSIP number:
With respect to the Notes represented by U.S. Global
Note(s): 12593CAN1
With respect to the Notes represented by Regulation S
Global Note(s): C2R89MYV5
ISIN number:
With respect to the Notes represented by U.S. Global
Note(s): US12593CAN11
With respect to the Notes represented by Regulation S
Global Note(s): XS2159008601
14. Notes to be listed and admitted to trading on
Yes. Application will be made by CPPIB Capital Inc. (or
the Global Exchange Market of Euronext
on its behalf) for the Notes to be listed and admitted to
Dublin:
trading on the Global Exchange Market of Euronext
Dublin from April 21, 2020.
15. Form of Notes:
Registered Notes
Represented by:
U.S. Global Note ("Rule 144A Global Security" under
the Fiscal and Paying Agency Agreement)
and
Regulation S Global Note ("Regulation S Global
Security" under the Fiscal and Paying Agency
Agreement)
16. Depositary:
With respect to the Notes represented by U.S. Global
Note(s): DTC
With respect to the Notes represented by Regulation S
Global Note(s): Common Depositary for Euroclear Bank
SA/NV and Clearstream Banking S.A.
17. Intended to be held in a manner which would
Not Applicable
allow Eurosystem eligibility:
18. Net proceeds:
U.S.$299,865,000
DC_LAN01:383331.4


19. Selling commission or discount:
0.04% of the aggregate principal amount
(U.S.$120,000)
20. Registrar, transfer agent, paying agent(s), co-
Registrar
agents and depositaries (if any):
The Bank of New York Mellon
Transfer Agent and Paying Agent
With respect to the Notes represented by U.S. Global
Note(s): The Bank of New York Mellon
With respect to the Notes represented by Regulation S
Global Note(s): The Bank of New York Mellon,
London Branch
21. Intended use of proceeds of the Notes (if other Not Applicable
than general purposes):
22. Method of distribution (syndicated/non-
Non-syndicated
syndicated):
23. Prohibition of sales to EEA Retail Investors:
Not Applicable
24. Name(s) of the Agent(s) or syndicates of
Deutsche Bank AG, London Branch
dealer(s) that are to offer and sell the Notes to
be issued:
25. Stabilization Manager(s) (if any):
Not Applicable
26. Ratings covenant of the Issuer/Guarantor:1
DBRS Limited, Moody's Investors Service and S&P
Global Ratings
1 The Issuer, CPPIB Capital Inc., is not rated by S&P Global Ratings.
DC_LAN01:383331.4


Responsibility
Each of CPPIB Capital Inc. and Canada Pension Plan Investment Board accepts
responsibility for the information contained in this Pricing Supplement, which, when read
together with the Offering Memorandum referred to above, contains all information that is
material in the context of the issue of the Notes.
Signed on behalf of CPPIB Capital Inc.:
By:
Duly authorized signatory
Poul Winslow
By:
Duly authorized signatory
Neil Beaumont
Signed on behalf of Canada Pension Plan Investment Board:
By:
Duly authorized signatory
Poul Winslow
By:
Duly authorized signatory
Neil Beaumont
[Signature Page to Pricing Supplement]


Responsibility
Each of CPPIB Capital Inc. and Canada Pension Plan Investment Board accepts
responsibility for the information contained in this Pricing Supplement, which, when read
together with the Offering Memorandum referred to above, contains all information that is
material in the context of the issue of the Notes.
Signed on behalf of CPPIB Capital Inc.:
By:
Duly authorized signatory
Poul Winslow
By:
Duly authorized signatory
Neil Beaumont
Signed on behalf of Canada Pension Plan Investment Board:
By:
Duly authorized signatory
Poul Winslow
By:
Duly authorized signatory
Neil Beaumont
[Signature Page to Pricing Supplement]