COSIME acted as financial advisor for the refinancing of Intragaz, a natural gas company, on the basis of new rates established by the Régie de l’énergie, the Quebec energy regulatory authority. For the $80 million refinancing, COSIME developed and optimised a financial model and managed the debt raising process, from the market study phase to the negotiations on financing terms and the project’s financial close.
Intragaz concluded an agreement for fixed prices over a 10-year period and was able to obtain financing at good conditions from a Canadian bank in August 2013.