Shearman And Sterling

News September 15, 2014

Shearman & Sterling Advises on Province of Ontario's $2 Billion Bond Offering

Shearman & Sterling represented the Province of Ontario (“Ontario”) in connection with Ontario’s public offering of US$2,000,000,000 of its 2.50% Bonds due September 10, 2021 (the “Bonds”). Application has been made to the Luxembourg Stock Exchange (“LSE”) for the Bonds to be admitted to trading on the Euro MTF Market of 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) and Laurence Crouch (Palo Alto-Tax); associates Kevin Roggow (Toronto-Capital Markets), Jack Prytherch (London-Tax), Drew Valentine (Toronto-Capital Markets), and Alice Townes (Palo Alto-Tax); and trainee Sara Moir-Porteous (London-Tax).