Province Of Alberta Renews US$3B Global Medium Term Note Programme

After nearly seven years out of the market, the Province of Alberta renewed its US$3 billion Global Medium Term Note Programme. The arranger was The Toronto-Dominion Bank and the other dealers for the Programme were Bank of Montreal, London Branch, BNP Paribas, Canadian Imperial Bank of Commerce, London Branch, HSBC Bank plc, Merrill Lynch International, NBF Securities UK, the United Kingdom branch of National Bank Financial Inc., RBC Europe Limited and Scotiabank Europe plc.

The Province of Alberta was represented by Christopher Ontkean, Legal Counsel and Micheal Gluckman, Legal Counsel, Alberta Justice and by Christopher Cummings of the Toronto office and Jennifer Murdoch of the New York office of Paul, Weiss, Rifkind, Wharton & Garrison LLP (US counsel).

The dealers were represented by Norton Rose OR LLP, with a team including Susan Mann and Peter Noble (London), Michael Bennett (Calgary) and Barry Segal (tax, Toronto).

Jean Weng and Alan Dean of Davis Polk & Wardwell LLP acted as special US counsel to the dealers.