Canada $3 Billion Global Bond Offering

Davis Polk advised the underwriters in connection with the offering. Milbank LLP acted as U.S. Counsel for Canada and Stikeman Elliott LLP acted as Canadian Counsel for the underwriters.

Her Majesty in right of Canada issued offering of $3 billion aggregate principal amount of 1.625% U.S. dollar bonds due January 22, 2025.

BNP Paribas, CIBC World Markets Corp., HSBC Bank plc, RBC Capital Markets, LLC and TD Securities (USA) LLC acted as representatives for the several underwriters.

The Davis Polk corporate team included partner Deanna L. Kirkpatrick (Picture), counsel Jeffrey S. Ramsay and associate Sana Bargach. The tax team included partner William A. Curran and associate Eitan Ulmer.

Involved fees earner: Sana Bargach – Davis Polk & Wardwell; William Curran – Davis Polk & Wardwell; Deanna Kirkpatrick – Davis Polk & Wardwell; Jeffrey Ramsay – Davis Polk & Wardwell; Eitan Ulmer – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: BNP Paribas; CIBC World Markets Corp.; Hsbc Bank plc; RBC Capital Markets; TD Securities;