Note
Le 1er octobre 2024, TC Energy Corporation (TSX, NYSE : TRP) (« TC Energy ») a séparé ses activités de pipelines de liquides pour former South Bow (TSX, NYSE : SOBO) (« South Bow »), résultant ainsi en deux sociétés indépendantes cotées en bourse. Cet événement a occasionné un événement donnant lieu à un rajustement éventuel à l’égard du portefeuille de référence des titres sous forme de billets, selon les modalités et conditions du prospectus. Afin de refléter l’impact de cette transaction, l’agent chargé des calculs a effectué des ajustements au portefeuille de référence en divisant la pondération des actions ordinaires de TC Energy. Plus particulièrement, la pondération de TC Energy dans le portefeuille de référence a été rééquilibrée et SOBO a été ajoutée au portefeuille de référence. Par conséquent, le niveau de clôture à la date d’émission des actions ordinaires de TC Energy et SOBO a été ajusté à la fermeture des marchés le 1er octobre 2024.
On February 13, 2020, Power Corporation of Canada (TSX: POW) (Power Corporation) and Power Financial Corporation (TSX: PWF) (Power Financial) announced the completion of a reorganization transaction pursuant to which Power Corporation acquired all the common shares of Power Financial held by holders other than Power Corporation and its wholly owned subsidiaries. This event triggered a Substitution Event in connection with the Note Securities as per the terms of the Prospectus. As such, we hereby advise the Holders of the Note Securities that, as of the closing of the markets on February 18, 2020, the common shares of Power Financial have been replaced by the common shares of Power Corporation as a Reference Asset in the Reference Portfolio of the Note Securities in accordance with the terms and conditions of the Prospectus. As a result, all calculations in respect of the Reference Portfolio Return that were based on the price of the common shares of Power Financial are, from February 18, 2020 until the Maturity Date, based on the price of the common shares of Power Corporation. On October 28, 2021, Brookfield Infrastructure Partners L.P. announced the completion of its acquisition of Inter Pipeline Ltd. (TSX: IPL) (Inter Pipeline). It is anticipated that the Inter Pipeline shares will be delisted from the Toronto Stock Exchange. This event triggered an Extraordinary Non Replacement Event in connection with the Reference Portfolio of the Note Securities as per the terms and conditions of the Prospectus. As such, we hereby advise the Holders of the Note Securities that the common shares of Inter Pipeline have been deleted from the Reference Portfolio such that, from the closing of the markets on October 28, 2021, the Reference Portfolio Return will be calculated on the basis of the remaining Reference Shares, where the weighting of Inter Pipeline’s common shares will be reallocated proportionally to the market capitalization of the remaining Reference Shares, in accordance with the terms and conditions of the Prospectus.