Shearman And Sterling

News April 27, 2016

Shearman & Sterling Advises on the Province of Ontario's $1 Billion Bond Offering

Shearman & Sterling represented the Province of Ontario in connection with its public offering of US$1 billion of its 2.50% bonds due April 27, 2026.  Application has been made to the Luxembourg Stock Exchange 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 associates Heather Pals (New York-Corporate) and Kyle Phillips (Menlo Park-Tax).