CGI’s $1 Billion Notes Offering

Paul, Weiss, Rifkind, Wharton & Garrison advised CGI, while Shearman & Sterling represented joint book-running managers and co-managers on the deal. Osler, Hoskin & Harcourt LLP acted as Canadian counsel to the initial purchasers for the US offering and also advised the agents on the Canadian offering.

CGI Inc. executed its inaugural U.S. offering of $600 million aggregate principal amount of 1.450% notes due 2026 and $400 million aggregate principal amount of 2.300% notes due 2031, led by J.P. Morgan, Scotiabank, TD Securities and HSBC.

J.P. Morgan Securities, Scotia Capital (USA) and TD Securities (USA), HSBC Securities (USA), PNC Capital Markets, CIBC World Markets, National Bank of Canada Financial and RBC Capital Markets acted as joint book-running managers, and BMO Capital Markets, Citigroup Global Markets, SG Americas Securities, BNP Paribas Securities and Credit Agricole Securities (USA), as co-managers in the offering.

Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world.

The Paul, Weiss team included corporate partner Christopher Cummings (Picture) and counsel Stephen Centa; tax partner David Mayo; and executive compensation counsel Jacob Glazeski.

The Shearman & Sterling team inlcuded partners Jason Lehner and Larry Crouch, associates Matthew Behrens, Austin Jones, Ryan Robski and Nicole Bennewies, special consultant Kenneth Laverriere, and associate Josh Lokko.

The Osler, Hoskin & Harcourt team comprised of Michael Innes, Rob Lando, Sandra Malcolm, Neil Rosen (Corporate), Chris Bennett (Financial Services) and Gregory Wylie (Tax).

Involved fees earner: Chris Bennett – Osler Hoskin & Harcourt; Michael Innes – Osler Hoskin & Harcourt; Rob Lando – Osler Hoskin & Harcourt; Sandra Malcolm – Osler Hoskin & Harcourt; Neil Rosen – Osler Hoskin & Harcourt; Gregory Wylie – Osler Hoskin & Harcourt; Stephen Centa – Paul Weiss Rifkind Wharton & Garrison; Christopher Cummings – Paul Weiss Rifkind Wharton & Garrison; Jacob Glazeski – Paul Weiss Rifkind Wharton & Garrison; David Mayo – Paul Weiss Rifkind Wharton & Garrison; Matthew Behrens – Shearman & Sterling; Nicole Bennewies – Shearman & Sterling; Larry Crouch – Shearman & Sterling; Austin Jones – Shearman & Sterling; Jason Lehner – Shearman & Sterling; Ryan Robski – Shearman & Sterling;

Law Firms: Osler Hoskin & Harcourt; Paul Weiss Rifkind Wharton & Garrison; Shearman & Sterling;

Clients: BMO Capital Markets; BNP Paribas Securities; CGI; CIBC World Markets; Citigroup Global Markets Ltd; Credit Agricole Securities (USA) Inc.; HSBC Securities; J.P. Morgan Securities LLC; National Bank of Canada Financial Inc.; PNC Capital Markets LLC; RBC Capital Markets; Scotia Capital Inc.; SG Americas Securities LLC; TD Securities;