Province of Saskatchewan’s $1 Billion Global Bond Offering

Paul, Weiss, Rifkind, Wharton & Garrison represented the Province of Saskatchewan, while Davis Polk & Wardwell advised the underwriters in the offering. McDougall Gauley, Stikeman Elliott and MLT Aikins also acted on the matter.

The Province of Saskatchewan issued the offering of $1 billion aggregate principal amount of 3.25% bonds due June 8, 2027.

CIBC World Markets Corp., National Bank of Canada Financial Inc., RBC Capital Markets, LLC, TD Securities (USA) LLC, BMO Capital Markets Corp., Scotia Capital (USA) Inc., Barclays Bank PLC, Casgrain and Company Limited and Desjardins Securities Inc. acted as underwriters for the offering.

The Paul, Weiss team included corporate partner Christopher Cummings (Picture) and tax partner David Mayo.

The Davis Polk capital markets team included partner Deanna L. Kirkpatrick, counsel Jeffrey S. Ramsay and associate Tianwei Liu. The tax team included partner William A. Curran and associate Danielle Rapaccioli. 

Involved fees earner: William Curran – Davis Polk & Wardwell; Deanna Kirkpatrick – Davis Polk & Wardwell; Tianwei Liu – Davis Polk & Wardwell; Jeffrey Ramsay – Davis Polk & Wardwell; Danielle Rapaccioli – Davis Polk & Wardwell; Christopher Cummings – Paul Weiss Rifkind Wharton & Garrison; David Mayo – Paul Weiss Rifkind Wharton & Garrison;

Law Firms: Davis Polk & Wardwell; Paul Weiss Rifkind Wharton & Garrison;

Clients: Barclays Bank; BMO Capital Markets; Casgrain & Company Limited; CIBC World Markets; Desjardins Securities Inc.; National Bank of Canada Financial Inc.; Province of Saskatchewan; RBC Capital Markets; Scotia Capital Inc.; TD Securities;