Province of Ontario C$1 billion 2.65% green bond offering

26/1/2018
Green bond issue

C$ 1 billion

Completed

26/1/2018


Overview:

  • The Province of Ontario has made a C$1 billion green bond offering. 
  • The proceeds will be used in connection with energy efficiency and clean transportation initiatives. 
  • The underwriters included Toronto-Dominion Bank, Merrill Lynch Canada and RBC Dominion Securities. 
  • The issuer received Canadian legal counsel from the Ministry of the Attorney General. 

Kurt Stumpo - Journalist

Jurisdictions:

Canada
United States

Deal type:

Green bond issue

Practice area:

Capital markets : Debt

Governing law:

Canada

Industry sector:

Government and public policy


Firms:

Party: Toronto-Dominion Bank (Underwriter)

Party: Merrill Lynch Canada (Underwriter)

Party: RBC Dominion Securities (Underwriter)


Party: Province of Ontario (Issuer)


Party: Toronto-Dominion Bank (Underwriter)

Party: Merrill Lynch Canada (Underwriter)

Party: RBC Dominion Securities (Underwriter)