Counsel to a syndicate of underwriters led by CIBC World Markets Inc. in connection with a $600 million bond offering made by the Province of Alberta, completed in September 2016
|Date Announced:||September 08, 2016|
|Date Closed:||September 13, 2016|
|Client Name:||CIBC World Markets Inc.|
On September 13, 2016, the Province of Alberta completed a fourth re-opening of the offering of series DL 3.30% bonds due December 1, 2046, initially completed September 14, 2015, for an additional principal amount of $600 million.
The fourth re-opening of the offering was completed by a syndicate of underwriters led by CIBC World Markets Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., National Bank Financial Inc., Scotia Capital Inc., and The Toronto-Dominion Bank, and including, Desjardins Securities Inc., Casgrain & Company Limited, HSBC Securities (Canada) Inc., Laurentian Bank Securities Inc., Merrill Lynch Canada Inc., and Canaccord Genuity Group Inc.
The Province of Alberta was represented by Michael Gluckman and Christopher Ontkean of Alberta Justice and Solicitor General.
The underwriters were represented by Jon Truswell and Jordan Primeau of Bennett Jones LLP.