CIBC World Markets

The syndicate of underwriters in the US$2.25 billion bond offering by the Province of British Columbia

Client

CIBC World Markets

Value

US$2.25 billion

Service

Capital Markets

Date Closed

July 2023

Industry

Government and Public Sector

Lead Office

Toronto

 

On July 6, 2023, the Province of British Columbia closed an offering of US$2.25 billion aggregate principal amount 4.200% bonds, Series BCUSG-13, due July 6, 2033.

BMO Capital Markets Corp., CIBC World Markets Corp., Deutsche Bank AG, London Branch, National Bank of Canada Financial Inc. and TD Securities (USA) LLC acted as underwriters on the offering.

Osler, Hoskin & Harcourt acted as Canadian counsel to the syndicate of underwriters with a team led by Trevor Scott (Corporate) and including Patrick Sullivan (Corporate), Tim Hughes and Kim Maguire (Tax).