Shearman And Sterling

News June 17, 2016

Shearman & Sterling Advises on the Province of Ontario's $1.75 Billion Bond Offering

Shearman & Sterling represented the Province of Ontario (“Ontario”) in connection with Ontario’s public offering of US$1.75 billion of its 1.25% Bonds due June 17, 2019 (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 (Menlo Park-Tax); counsel Kevin Roggow (Toronto-Capital Markets) and Eileen O’Pray (Menlo Park-Tax); and associate Heather Pals (New York-Corporate).