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Capital Desjardins to redeem $500M of debt

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Capital Desjardins to redeem $500M of debt

Lévis, Canada-based CapitalDesjardins Inc., a unit of DesjardinsGroup, plans to redeem all its outstanding 5.541% series F senior notesdue 2021, amounting to $500 million in principal, according to an April 27 newsrelease.

The company plans to redeem the notes June 1 at a price equivalentto the principal amount, together with accrued and unpaid interest to, but excluding,June 1.