BC Ferries C$350M Offering of Senior Secured Bonds, Series 26-1

On February 19, 2026, British Columbia Ferry Services Inc. ("BC Ferries") completed an offering of C$350 million aggregate principal amount of Senior Secured Bonds, Series 26-1, due February 19, 2056 (the "Bonds"). The Bonds were offered on private placement basis through a syndicate of agents led by BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc., and that included CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc. and Casgrain & Company Limited. 

McCarthy Tétrault advised BC Ferries with a team led by Linda Brown and that included Genevieve Loxley (Financial Services) and Bryce Safton (Business).