Aeroports de Montreal Announces $250-Million Bond Issue

MONTRÉAL, QUÉBEC—(Marketwire – Sept. 26, 2012) – Aéroports de Montréal (“ADM”) announced today that it has issued a new series of revenue bonds to raise total capital of $250 million. The net proceeds from the issue will be allocated to the capital program for the coming years, including for expansion of the international jetty at Montréal-Trudeau airport.

Privately placed with institutional bond investors, the issue consists of $250 million of Series K bonds bearing interest at 3.919% and maturing in September 2042.

CIBC World Markets Inc. and RBC Dominion Securities Inc. acted as joint lead dealers and joint bookrunners and the syndicate also included Desjardins Securities Inc., HSBC Securities (Canada) Inc., National Bank Financial Inc. and Casgrain & Company Limited.

Dominion Bond Rating Service and Moody’s Investors Service have both confirmed they are maintaining their respective existing ratings of A (high) and A1.

ADM is the local airport authority responsible for the management, operation and development of Montréal-Trudeau and Montréal-Mirabel international airports since 1992. The Corporation employs 625 people at both airports.