Canada’s $3.5 Billion Global Bond Offering

Davis Polk advised the underwriters in the offering.

The offering consisted of $3.5 billion aggregate principal amount of 2.875% U.S. dollar bonds due April 28, 2025, issued by Her Majesty in Right of Canada

BMO Capital Markets Corp., Citigroup Global Markets Limited, HSBC Bank plc, National Bank of Canada Financial Inc., RBC Capital Markets, LLC, Barclays Bank PLC, BNP Paribas, BofA Securities, Inc., Casgrain & Company Limited, CIBC World Markets Corp., Desjardins Securities Inc., Goldman Sachs International, J.P. Morgan Securities plc, Laurentian Bank Securities Inc., Scotia Capital (USA) Inc., TD Securities (USA) LLC and Wells Fargo Securities, LLC acted as underwriters for the offering.

The Davis Polk capital markets team included partner Deanna L. Kirkpatrick (Picture), counsel Jeffrey S. Ramsay and associate David Li.  The tax team included partner Mario J. Verdolini and associate Dylan J. Steiner.

Involved fees earner: Deanna Kirkpatrick – Davis Polk & Wardwell; David Li – Davis Polk & Wardwell; Jeffrey Ramsay – Davis Polk & Wardwell; Dylan Steiner – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities; Barclays Bank; BMO Capital Markets; BNP Paribas; Casgrain & Company Limited; CIBC World Markets; Citigroup Global Markets Ltd; Desjardins Securities Inc.; Goldman Sachs International; Hsbc Bank plc; J.P. Morgan Securities LLC; Laurentian Bank Securities Inc.; National Bank of Canada Financial Inc.; Scotia Capital Inc.; TD Securities; Wells Fargo Securities;