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Montreal International Fuel Facilities Corporation ("MIFFC") completed a $750 million bond offering to finance its aviation fuel storage developments both, on airport in Dorval and at its marine terminal project in the Port of Montreal, and to refinance existing indebtedness. This represents the largest financing of its kind in Canada and a strong market endorsement of the effectiveness and reliability of the airline infrastructure consortium model. MIFFC's marine terminal project is its most significant project undertaken to date. The project involves the development of a marine receiving terminal that will provide access to sea-borne aviation fuel pricing and connect to major regional airports through a MIFFC-owned rail loading facility and, upon completion, a pipeline connection that will directly supply multiple airports. Bennett Jones LLP acted as counsel to MIFFC, with a deal team led by Ian Michael (corporate/commercial) and included Chris Doucet and Jon Berg (corporate/commercial); Adam Taylor and Mahnaz Jan Ali (financial services). Osler, Hoskin & Harcourt LLP acted as counsel to the agents RBC Dominion Securities Inc. and TD Securities Inc.
Parties
Company
Montreal International Fuel Facilities Corporation
Company
RBC Dominion Securities Inc.
Company
TD Securities
Deal Type
Financing/InvestmentIndustry
InfrastructureTransaction
$ 750,000,000Deal Status
ClosedClosing Date
10 February 2026