Province of Ontario $3 billion 2.55% notes issue

12/2/2018
Investment grade bond/note issue

$ 3 billion

Completed

12/2/2018


Overview:

  • The Province of Ontario has issued $3 billion in senior notes.
  • The 2.55% notes are due February 12, 2021.
  • Notes are listed on the Luxembourg Stock Exchange.
  • The underwriters were led by Barclays, BofA Merrill Lynch, BMO Capital Markets, Morgan Stanley and National Bank of Canada Financial Markets. 

Katrin Kostadinova - Data analyst

Jurisdiction:

Canada

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Canada

Industry sector:

Government and public policy


Firms:

Party: Barclays (Underwriter)

Party: BofA Merrill Lynch (Underwriter)

Party: BMO Capital Markets (Underwriter)

Party: Morgan Stanley (Underwriter)

Party: National Bank of Canada Financial Markets (Underwriter)


Party: Province of Ontario (Issuer)

Lawyer: Jason Lehner


Party: Barclays (Underwriter)

Party: BofA Merrill Lynch (Underwriter)

Party: BMO Capital Markets (Underwriter)

Party: Morgan Stanley (Underwriter)

Party: National Bank of Canada (Underwriter)