Published on 1/11/2011 in the Prospect News Canadian Bonds Daily.
New Issue: Ontario sells £250 million 2% euro MTNs due 2013 at 72 bps over gilts
By Cristal Cody
Prospect News, Jan. 11 - The Province of Ontario sold £250 million 2% euro medium-tern notes due 2013 at 72 basis points over gilts on Tuesday, an informed source said.
Guidance on the notes was in the low 70 bps area over gilts.
Deutsche Bank AG, RBC Capital Markets Corp. and RBS Securities Inc. were the bookrunners.
| Issuer: | Province of Ontario
|
| Amount: | £250 million
|
| Maturity: | 2013
|
| Securities: | Euro medium-tern notes
|
| Bookrunners: | Deutsche Bank AG, RBC Capital Markets Corp., RBS Securities Inc.
|
| Coupon: | 2%
|
| Spread: | 72 bps over gilts
|
| Pricing date: | Jan. 11
|
| Settlement date: | Jan. 18
|
| Distribution: | United Kingdom
|
| Price talk: | Low 70 bps area
|
© 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.
