Province of Alberta Completes $500M Bond Offering

The Province of Alberta closed an offering of $500 million principal amount of series DD 1.70 per cent bonds due December 15, 2017.

The offering was completed by a syndicate of underwriters led by CIBC World Markets Inc. and including National Bank Financial Inc., RBC Dominion Securities Inc., The Toronto-Dominion Bank, BMO Nesbitt Burns Inc., Scotia Capital Inc., Merrill Lynch Canada Inc., Casgrain & Company Limited, Laurentian Bank Securities Inc., Desjardins Securities Inc., HSBC Securities (Canada) Inc. and Canaccord Genuity Corp.

The Province of Alberta was represented by Michael Gluckman of Alberta Justice and Solicitor General.

The underwriters were represented by Jon Truswell and Tommy Wong of Bennett Jones LLP.