Caisse to issue C$8bn in debt

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CANADA - Caisse de dépôt et placement du Québec plans to issue C$8bn (US$7.6bn) worth of bonds in Canada, the US and Europe by the end of 2010 as part of a refinancing plan.

Caisse said today its CDP Financial subsidiary will issue the debt in order to replace short-term debt with longer-dated debt. Caisse president and chief executive said: "By limiting our exposu...

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