Province of New Brunswick $500 million 3.625% notes issue

25/5/2018
Investment grade bond/note issue

$ 500 million

Announced

25/5/2018


Overview:

  • Province of New Brunswick has issued $500 million in senior notes.
  • The 3.625% bonds are due February 24, 2028.
  • The deal follows another $500 million issue from 2017.
  • The underwriters were RBC Capital Markets, BMO Capital Markets, Scotia Capital, CIBC World Markets, National Bank of Canada, TD Securities and Merrill Lynch Pierce Fenner & Smith. 

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: Province of New Brunswick (Issuer)


Party: RBC Capital Markets (Underwriter)

Party: BMO Capital Markets (Underwriter)

Party: Scotia Capital (Underwriter)

Party: CIBC World Markets (Underwriter)

Party: National Bank of Canada (Underwriter)

Party: TD Securities (Underwriter)

Party: Merrill Lynch Pierce Fenner & Smith (Underwriter)