Province of Ontario plans to price 10-year note offering Wednesday

By Andrea Heisinger

New York, April 6 - The Province of Ontario is planning to sell 10-year global notes, a source said on Tuesday.

The minimum $1 billion offering is expected to price Wednesday.

Price talk was in the low 50 basis points area over mid-swaps as of early afternoon Tuesday.

Bank of America Merrill Lynch, Deutsche Bank Securities, J.P. Morgan Securities and UBS Investment Bank were tapped as the bookrunners.

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