We anticipate that assets under management will double by 2030 to over $350B —and we expect the amount of debt we issue to follow the same trend. This will allow us to provide even greater value to a wider breadth of investors with a diversity of needs.
We manage our debt programs conservatively. We limit PSP’s outstanding debt to 10% of AUM, ranking senior to pension plan liabilities.
Our prudent but recurrent use of leverage to enhance returns and manage liquidity ensures a very predictable funding profile at an attractive spread. We are recognized by the international investor community as a high-quality SSA issuer.
PSP Capital Inc.'s issued instruments are unconditionally and irrevocably guaranteed by PSPIB.
Bloomberg ticker: PSPCAP Govt
* CAD equivalent of US$ 544M
**CAD equivalent of US$ 3,745M
Our diversified investor base has increased significantly over the past years, reaching 246 domestic and international investors in March 2021.
Renaud de Jaham
Managing Director and Treasurer
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