Shearman & Sterling represented the Province of Ontario (“Ontario”) in connection with Ontario’s public offering of US$3,500,000,000 of its 1.375% Bonds due January 27, 2014 (the “Bonds”). Application will be made to the United Kingdom Financial Services Authority for the Bonds to be admitted to the Official List of the UK Listing Authority and to the London Stock Exchange plc (“LSE”) for the Bonds to be admitted to trading on the LSE.

Ontario is the largest Canadian province by population and home to both the nation’s capital and most populous city.

The following Shearman & Sterling team advised Ontario in the transaction: partners Jason Lehner (Toronto/New York-Capital Markets), Laurence Crouch (Menlo Park-Tax), Mei Lian (London-Finance), and Iain Scoon (London-Tax); associates Daniel Weber (Toronto-Capital Markets), Eileen O’Pray (Menlo Park-Tax), Thomas Donegan (London-Financial Institutions Advisory & Financial Regulatory), Dolynn Yap (London-Finance) and James Leslie (London-Tax); and trainee Sara Couling (London-Tax).