The Regional Municipality of Niagara Issues Debentures

On August 20, 2003, The Regional Municipality of Niagara issued $13,219,473 5.76 per cent amortizing debentures and $41,780,527 installments debentures for the total principal amount of $55 million. The underwriting syndicate, led by National Bank Financial Inc., was represented by Heather Douglas of Borden Ladner Gervais LLP.