La Caisse invests $53 million in the expansion projects of Québec City Jean Lesage International Airport

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Caisse de dépôt et placement du Québec announced today a $53-million interest, in the form of a term loan, in the financing of Québec City Jean Lesage International Airport. This transaction will enable the company to undertake significant expansion and maintenance projects, including expansion of its international terminal. La Caisse's interest is part of a private financing of $265 million, announced earlier today by Aéroport de Québec inc. By improving its infrastructure, the organization expects to be able to increase its capacity and better serve its market. Ultimately, the expansion projects aim, among other things, to attract new air carriers and develop additional routes. false false false The Québec City Jean Lesage International Airport handled more than 1.5 million passengers in 2014, positioning it as Canada's twelfth largest airport, where more than 10 carriers offer multiple flight connections to destinations in North America, Central America, the Caribbean, Mexico and Europe, including daily service to the major hubs in the northeastern United States. ABOUT CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC Caisse de dépôt et placement du Québec is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at December 31, 2014, it held $225.9 billion in net assets. As one of Canada’s leading institutional fund managers, la Caisse invests globally in major financial markets, private equity, infrastructure and real estate. For more information: www.cdpq.com. false false false