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Canadian covered bond program — Laurentian Bank of Canada

Covered bonds that are available from Laurentian Bank of Canada.

Issuer Name Laurentian Bank of Canada
Program Name LBC Legislative Covered Bond Programme
Guarantor Entity’s Name [and the name of its general partner(s) or trustees(s)]

Guarantor Entity – LBC Covered Bond (Legislative) Guarantor Limited Partnership
Managing General Partner – LBC Covered Bond (Legislative) GP Inc.
Liquidation General Partner-12815273 Canada Inc.

Counterparty(s) to the Covered Bond Collateral Hedge Royal Bank of Canada
Eligible Loan Servicer(s) Laurentian Bank of Canada
Cash Manager Laurentian Bank of Canada
Cover Pool Monitor Ernst & Young LLP
Custodian Computershare Trust Company of Canada
Bond Trustee Computershare Trust Company of Canada
Portfolio Manager None
Account Bank/ Guaranteed Deposit Account Provider Royal Bank of Canada
Standby Account Bank/Standby Guaranteed Deposit Account Provider Royal Bank of Canada
Minimum Asset Percentage 80%
Maximum Asset Percentage 97%


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Bond issuance parameters

Registration Date May 6, 2021
Date of Issue May 6, 2021
Series Designation CBL1
Issue Currency CAD
Nominal Amount 250,000,000
ISIN CA51925DCA24
Hard Bullet/Soft Bullet Soft Bullet
Maturity Date May 6, 2026
Extended Maturity Date (if Soft Bullet) May 6, 2027
Coupon Rate (%) 1.603
Interest Payment Date(s)/Frequency Semi-annually
Listing Authority (if applicable) NA
Other Material Characteristics as Applicable NA
Registration Date April 20, 2022
Date of Issue April 20, 2022
Series Designation CBL2
Issue Currency CAD
Nominal Amount 260,010,000
ISIN CA51925DCD62
Hard Bullet/Soft Bullet Soft Bullet
Maturity Date April 20, 2027
Extended Maturity Date (if Soft Bullet) April 20, 2028
Coupon Rate (%) 3.545
Interest Payment Date(s)/Frequency Semi-annually
Listing Authority (if applicable) NA
Other Material Characteristics as Applicable NA

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Date Published: April 20, 2022

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