E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/14/2008 in the Prospect News Investment Grade Daily.

New Issue: Province of Ontario prices $1.5 billion bonds at Treasuries plus 96 bps

By Andrea Heisinger

Omaha, Feb. 14 - The Province of Ontario priced $1.5 billion of bonds (Aa1/AA) Thursday to yield Treasuries plus 96 basis points, market sources said.

The bonds are non-callable.

Full terms were not available at press time Thursday.

Bookrunners were Barclays Capital Inc., J.P. Morgan Securities Inc. and TD Canada.

The bonds were issued through the Ontario Financing Authority, based in Toronto.

Issuer:Province of Ontario
Issue:Bonds
Amount:$1.5 billion
Bookrunners:Barclays Capital Inc., J.P. Morgan Securities Inc., TD Canada
Spread:Treasuries plus 96 bps
Call:Non-callable
Trade date:Feb. 14
Ratings:Moody's: Aa1
Standard & Poor's: AA

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.