Investors should know

CPP Investments is accountable to Parliament and to federal and provincial stewards. While we operate at arm’s length from government and we have an investment-only mandate, we are subject to rigorous accountability requirements, which are deeply ingrained in the CPPIB Act as well as in the policies and practices that govern our Board, our officers and our employees. Debt issued by CPP Investments is not guaranteed by governments.

About our debt issuance program

Our Debt issuance offers high quality diversification to the AAA investor’s portfolio at a very attractive spread. Benchmark offerings along the entire maturity spectrum will provide the broadest range of investment options to our global investor base.

• Our Debt Issuance Presentation

About our green bond program

Green bonds provide CPP Investments with additional funding as we pursue acquisitions of attractive long-term investments that will accelerate the energy transition to a lower-carbon economy. In 2018, CPP Investments became the first pension fund manager to issue a green bond.

CPP Investments has issued green bonds in AUD, CAD, EUR and USD. Five benchmark issuances, one re-opening and three private placements totalling in excess of C$7.5 billion gross since inception have provided our global investor base an opportunity to participate in the transition to a low-carbon economy.

• Sustainability integration into the investment lifecycle

Long-Term Funding

• CPP Investments will look to issue liquid benchmarks and private placements in calendar 2024
• CPP Investments may issue in US dollars, Euros, GBP, AUD and CAD
• CPP Investments may issue Green Bonds as part of the funding plan
• Additionally, CPP Investments has the ability to issue shorter dated, non-benchmark notes, in response to investor demand