Investor relations
The Regional Municipality of Peel is the second-largest municipality in the Greater Toronto Area consisting of Brampton, Caledon and Mississauga.
In addition to its strong labour market and growing population of nearly 1.5 million people, Peel is:
- Within Canada's largest economic hub (the GTA).
- Close to the United States market.
- Home to Canada’s largest airport (Toronto Pearson International Airport).
- Serviced by 5 major highways and several international railroads.
- Bordered by Lake Ontario.
Other information
- Debt issued for itself and on behalf of its local municipalities (Brampton, Caledon and Mississauga) for capital needs.
- Capital needs mainly for infrastructure investments in water and wastewater treatment plants, waste management systems and arterial roads for growth.
- High credit rating - rated higher than the Province of Ontario while offering an attractive yield pick-up.
- Taxing authority.
- Substantial debt reserve fund and strong liquidity.
- Strong legislative safeguards for investors.
| Rating agency | Credit rating |
|---|---|
| Moody’s Investors Service | Aaa (Stable) |
| S&P Global Ratings | AAA (Stable) |
Sinking fund debentures
| CUSIP | Issue date | Maturity date | Coupon | Amount | Term at issue date |
Circular |
|---|---|---|---|---|---|---|
| 705464DQ5 | June 29, 2010 | June 29, 2040 | 5.10% | $300,000,000 | 30 YR | 705464DQ5 - new |
| 705464DQ5 | March 15, 2011 | June 29, 2040 | 5.10% | $200,000,000 | 30 YR | 705464DQ5 - re-open |
| 705464EB7 | October 6, 2011 | December 1, 2021 | 3.5% | $200,000,000 | 10 YR | 705464EB7 |
| 705464EC5 | October 30, 2012 | October 30, 2042 | 3.85% | $300,000,000 | 30 YR | 705464EC5 - new |
| 705464EP6 | June 20, 2013 | June 20, 2053 | 3.95% | $33,000,000 | 40 YR | 705464EP6 |
| 705464EQ4 | August 23, 2013 | December 2, 2033 | 4.25% | $250,000,000 | 20 YR | 705464EQ4 |
| 705464FX8 | November 2, 2016 | November 2, 2026 | 2.3% | $150,000,000 | 10 YR | 705464FX8 |
| 705464EC5 | April 2, 2019 | October 30, 2042 | 3.85% | $23,000,000 | 30 YR | 705464EC5 - re-open |
| 705464HE8 | June 2, 2020 | June 16, 2051 | 2.50% | $200,000,000 | 31 YR | 705464HE8 - new |
| 705464HE8 | September 27, 2021 | June 16, 2051 | 2.50% | $150,000,000 | 30 YR | 705464HE8 - re-open |
Instalment debentures
| CUSIP | Issue date | Maturity date | Coupon | Amount | Term at issue date |
Circular |
|---|---|---|---|---|---|---|
| 705464ED3–EN1 | June 20, 2013 | June 20, 2014 – 2023 | 1.30 – 2.30% | $50,000,000 | 10 YR | 705464ED3–EN1 |
| 705464ER2–FA8 | June 10, 2014 | June 10, 2015 – 2024 | 1.20 – 3.30% | $366,070,000 | 10 YR | 705464ER2–FA8 |
| 705464FB6–FL4 | August 20, 2015 | August 20, 2016 – 2025 | 0.95 – 2.40% | $40,000,000 | 10 YR | 705464FB6–FL4 |
| 705464FM2–FW0 | June 1, 2016 | June 01, 2017 – 2026 | 1.15 – 2.50% | $40,684,000 | 10 YR | 705464FM2–FW0 |
| 705464FY6–GH2 | September 28, 2017 | September 28, 2018 – 2027 | 1.70 – 3.00% | $38,853,000 | 10 YR | 705464FY6–GH2 |
| 705464GJ8–GT6 | March 27, 2018 | March 27, 2019 – 2028 | 1.80 – 3.05% | $53,270,000 | 10 YR | 705464GJ8–GT6 |
| 705464GU37–HD0 | October 15, 2019 | October 15, 2020 – 2029 | 1.90 – 2.25% | $51,760,000 | 10 YR | 705464GU37–HD0 |
| 705464HF–HQ1 | January 29, 2021 | February 17, 2022 – 2031 | 0.25 – 1.50% | $47,100,000 | 10 YR | 705464HF-HQ1 |
| 705464HR-JA4 | October 27, 2021 | November 8, 2022 – 2031 | 0.80 – 2.30% | $51,000,000 | 10 YR | 705464HR-JA4 |
| 705464JB-JL0 | February 25, 2022 | March 7, 2023 - 2032 | 1.45 – 2.75% | $50,000,000 | 10 YR | 705464JB-JL0 |
Julie Pittini
Director, Treasury Services
Treasury Services, Corp. Fin., Corp. Services
julie.pittini@peelregion.ca
Tel: 905-781-7800 ext. 7120
Tareq El-Ahmed
Sr. Treasury Portfolio Manager,
Treasury Services, Corp. Fin., Corp. Services
tareq.elahmed@peelregion.ca
Tel: 905-781-7800 ext. 8503
Scott Hodgson
Portfolio Manager,
Treasury Services, Corp. Fin., Corp. Services
scott.hodgson@peelregion.ca
Tel: 905-791-7800 ext. 4807
More information available at
= PEEL
