CAMH issues $40M debt

Photo of author

By CPE News

CPE News (5.13.2024) – Centre for Addiction and Mental Health (CAMH) has raised $40 million through the issuance of a single senior unsecured Series A debenture to an unnamed single Ontario investor.

Scotia Capital Inc. and McCarthy Tétrault LLP acted as financial and legal advisor to CAMH respectively.

The Centre for Addiction and Mental Health (CAMH) is Canada’s largest mental health teaching hospital and one of the world’s leading research centres in its field. CAMH is fully affiliated with the University of Toronto and is a Pan American Health Organization/World Health Organization Collaborating Centre.

With a dedicated staff of more than 5,000 physicians, clinicians, researchers, educators and support staff, CAMH offers outstanding clinical care to more than 38,000 patients each year. The organization conducts groundbreaking research, provides expert training to health care professionals and scientists, develops innovative health promotion and prevention strategies, and advocates on public policy issues at all levels of government. And through our Foundation, we’re working to raise tens of millions of additional dollars to fund new programs and research and augment services.