Greater Toronto Airports Authority has sold long bonds worth $610 million, The Wall Street Journal reports. The 5.30% notes, due in February 2041, have a yield of 5.302% over the benchmark bond. The minimum issue size initially targeted was $ 406.7 million. Bank of Montreal’s investment dealer arm managed the debt sale, while Canadian Imperial Bank of Commerce’s investment dealer arm was the co-lead manager, adds Reuters.

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