University of Ontario Completes Offering

The University of Ontario Institute of Technology completed, on October 15, 2004, a $220 million offering of 6.351 per cent series A senior debentures due 2034. The proceeds of the offering will be used by the university to repay indebtedness incurred to construct university facilities, including three academic buildings, a library and related infrastructure and for the general purposes of the university.
The university was represented by Stikeman Elliott LLP with a team comprised of Jamie Davis, Roula Eatrides and Alan Kenigsberg (tax).
The agents were led by BMO Nesbitt Burns Inc. and included CIBC World Markets Inc. Cassels Brock & Blackwell LLP represented the agents, with a team comprised of Jeffrey Roy and Patrick Gleeson.