Province of B.C. Reopens Existing Series of Notes

On May 7, 2002, the province of British Columbia reopened an existing series of $500 million, 4.25 per cent series BCEC-17 notes due December 1, 2005, listed on the London Stock Exchange, pursuant to its US$5 billion Euro debt issuance programme by issuing an additional $100 million of such notes under the programme.
The lead underwriter for the offering was The Toronto-Dominion Bank, and included CIBC World Markets Inc., Royal Bank of Canada Europe Limited, KBC Bank NV, ABN AMRO Bank N.V., Banque Bruxelles Lambert, Banque et Caisse d’Epargne de l’Etat, Luxembourg, Credit Suisse First Boston (Europe) Limited, Deutsche Bank AG London, Dexia Banque Internationale à Luxembourg, société anonyme acting under the name of Dexia Capital Markets, National Bank Financial Inc., Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., Scotia Capital Inc. and Westdeutsche Landesbank Girozentrale.

Michael Shepherd of the Ministry of the Attorney General represented the province. Frank Picciola and Susan Mann of Ogilvy Renault in London acted for the underwriters, along with Beatrice Joliot and Andrew Welsch, in house counsel, The Toronto-Dominion Bank (London) as lead manager.