On June 22, 2026, Projet REM s.e.c. (the "Issuer"), completed a C$1.85 billion offering of senior unsecured fixed rate notes, issued as its inaugural green bond financing and structured across multiple maturities. The Issuer is an indirect subsidiary of La Caisse de dépôt et placement du Québec and owns or holds exclusive long term rights of use over the system infrastructure, rolling stock, and systems of the Réseau express métropolitain, a fully automated, electric light rail transit system serving the Greater Montréal region.
McCarthy Tétrault LLP advised Projet REM s.e.c. with a team led by Patrick Boucher that included Richard O'Doherty, Marjolaine Hémond Hotte, Anca Neacsu, Laurence Cromp-Lapierre, Benjamin Rivard, Thierry Côté and Amine Kanoun.