New Issue-Province of Ontario sells $4 bln in 2 parts
Nov 10 (Reuters) - The Province of Ontario, Canada, on Tuesday sold $4 billion of debt in two parts, said IFR, a Thomson Reuters service.
Barclays, Credit Suisse, JP Morgan, and TD Securities were the joint bookrunning managers for the sale. BORROWER: THE PROVINCE OF ONTARIO FIRST TRANCHE: AMT $3 BLN COUPON 1.875 PCT MATURITY 11/19/2012 TYPE FXD NTS ISS PRICE 99.817 FIRST PAY 5/19/2010 MOODY'S Aa1 YIELD N/A SETTLEMENT 11/19/2009 S&P AA-MINUS SPREAD 55.2 BPS PAY FREQ SEMI-ANNUAL FITCH DOUBLE-A MORE THAN TREAS NON-CALLABLE SECOND TRANCHE: AMT $1 BLN COUPON 3-MO MATURITY 11/19/2012
LIBOR +15 BPS TYPE GLBL FRN ISS PRICE 100 FIRST PAY 5/19/2010 MOODY'S Aa1 YIELD N/A SETTLEMENT 11/19/2009 S&P AA-MINUS SPREAD N/A PAY FREQ SEMI-ANNUAL FITCH DOUBLE-A NON-CALLABLE
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