Commentary & Deal Flow

Guidance: 10yr: MS+50a

• Issuer: Province of British Columbia
• Ticker: BRCOL
• Issuer Ratings: Aa2/A/AA-/AA (Moody's/S&P/Fitch/DBRS)
• Format: Reg S, Bearer Notes, NGN
• Size: € bmk
• Maturity: 29-May-36
• Settlement: 29-May-26 (T+8)
• Coupon: Fixed, Annual ACT/ACT
• Guidance: MS+50bps area
• Denoms: €100,000 + €1,000
• Bookrunners: BNP Paribas / Credit Agricole CIB / Deutsche Bank / RBC Capital Markets / TD Securities
• Listing: Luxembourg Stock Exchange (Regulated Market)
• Law: Province of British Columbia/Canada
• Target Market: Professional / Eligible Counterparties (All Distribution Channels)
• Fees: The Banks will be paid a fee by the Issuer in respect of the placement of the securities
• ISIN: XS3388170964
• Timing: Book open, today's business
• Advertisement: This communication is an advertisement for the purposes of Regulation (EU) 2017/1129 and underlying legislation. It is not a prospectus. The Prospectus relating to the securities, and final terms, will be available on https://www.luxse.com/issuer/BritishColumbia/27848