The Caisse de dépôt et placement du Québec has lent $ 125 million to the canadian Bank of the West, whose head office is in Edmonton, Alberta.
This transaction is made through a subordinated debentures to 4,840%, maturing June 29, 2030.
Listed on the Toronto stock Exchange, the canadian Western Bank (CWB) offers full banking services to businesses and individuals through its branches as well as online.
It also provides funding services specialist under the banners of CWB Optimum Mortgage, CWB Equipment Financing, CWB National Leasing, CWB Maxium Financial and CWB Franchise Finance.
It also has CWB Trust Services, as well as CWB Wealth Management, specialized in the management of heritage.