National Bank of Canada Financial Markets

The syndicate of underwriters in the US$2.50 billion bond offering by the Province of British Columbia

Client

National Bank of Canada Financial Markets

Value

US$2.50 billion

Service

Capital Markets

Date Closed

April 2024

Industry

Government and Public Sector

Lead Office

Vancouver



On April 24, 2024, the Province of British Columbia closed an offering of US$2.50 billion aggregate principal amount 4.900% bonds, Series BCUSG-15, due April 24, 2029.

National Bank of Canada Financial Inc., BofA Securities, Inc., J.P. Morgan Securities plc, RBC Capital Markets, LLC and Scotia Capital (USA) Inc. 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) and Kim Maguire (Tax).