Shearman & Sterling represented the Province of New Brunswick in connection with its public offering of $750 million of its 2.750% Bonds, Series HD, due June 15, 2018, which closed on June 16, 2011. 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 for the Bonds to be admitted to trading on the LSE.

New Brunswick, with an estimated population of 750,000 people in 2009, is located on the eastern seaboard of Canada and is Canada's only constitutionally bilingual Province.

The following Shearman & Sterling team advised Ontario in the transaction: partners Jason Lehner (Toronto/New York-Capital Markets), Larry Crouch (Palo Alto-Tax) and Iain Scoon (London-Tax), associates Kevin Roggow (Toronto-Capital Markets), Jacob Wilson (Toronto-Capital Markets), Dolynn Yap (London-Finance), Anil Kalia (Palo Alto-Tax) and James Leslie (London-Tax), and trainee Jack Prytherch (London-Tax).