We manage our debt programs conservatively. We limit PSP’s outstanding debt to 10% of AUM, ranking senior to pension plan liabilities.
Our prudent but recurrent use of leverage to enhance returns and manage liquidity ensures a very predictable funding profile at an attractive spread. We are recognized by the international investor community as a high-quality SSA issuer.
PSP Capital Inc.'s issued instruments are unconditionally and irrevocably guaranteed by PSPIB.
Bloomberg ticker: PSPCAP Govt
* CAD equivalent of US$ 544M
**CAD equivalent of US$ 3,745M