Shearman & Sterling represented the Province of Ontario in connection with Ontario’s public offering of US$1,250,000,000 of its 3.150% Bonds due December 15, 2017 (the “Bonds”). Application will be made to the United Kingdom Financial Services Authority for the Bonds to be admitted to the Official List of the UK Listing Authority and to the London Stock Exchange plc for the Bonds to be admitted to trading on the LSE.
Ontario is the largest Canadian province by population and home to both the nation’s capital and most populous city.
The following Shearman & Sterling team advised Ontario in the transaction: partners Jason Lehner (Toronto/New York-Capital Markets), Laurence Crouch (Menlo Park-Tax), Mei Lian (London-Finance), and Iain Scoon (London-Tax); associates Tina Li (Toronto-Capital Markets), Eileen O’Pray (Menlo Park-Tax), James Brilliant (London-Financial Institutions Advisory & Financial Regulatory), Dolynn Yap (London-Finance), James Leslie (London-Tax), and Daniel Weber (Toronto-Capital Markets); and trainee Sara Couling (London-Tax).