New Issue: Ontario reopens 3.15% notes due September 2015 to sell C$750 million at 46 bps spread

By Cristal Cody

Prospect News, Dec. 7 - The Province of Ontario sold an additional C$750 million in a reopening of its 3.15% notes due Sept. 8, 2015 at 101.943 to yield 2.71% on Tuesday, a source said.

The notes priced at a spread of 46 basis points over the Government of Canada benchmark bond.

TD Securities Inc. was the lead manager.

Issuer:	Province of Ontario
Amount:	C$750 million reopening
Maturity:	Sept. 8, 2015
Securities:	Notes
Bookrunner:	TD Securities Inc.
Coupon:	3.15%
Price:	101.943
Yield:	2.71%
Spread:	46 bps over Canadian government benchmark
Pricing date:	Dec. 7
Settlement date:	Dec. 10
Distribution:	Canada

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