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Published on 12/14/2010 in the Prospect News Canadian Bonds Daily.

New Issue: Ontario sells NOK 500 million 3.375% euro medium-term notes at 101.105

By Cristal Cody

Prospect News, Dec. 14 - The Province of Ontario sold NOK 500 million of 3.375% euro medium-term notes due Jan. 20, 2016 early Tuesday, a source said.

The notes were sold at an issue and reoffer price of 101.105/99.48.

Additional pricing terms were not immediately available.

Deutsche Bank Securities Ltd., HSBC Bank Canada and TD Securities Inc. were the joint lead managers.

Issuer:Province of Ontario
Amount:NOK 500 million
Maturity:Jan. 20, 2016
Securities:Euro medium-term notes
Bookrunners:Deutsche Bank Securities Ltd., HSBC Bank Canada, TD Securities Inc.
Coupon:3.375%
Price:101.105
Reoffer price:99.48
Pricing date:Dec. 14
Settlement date:Dec. 23

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