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Commentary & Deal Flow

MANDATE: Province of Ontario € bmk 10yr Senior Offering May Follow

IGC European Market: Deal Flow - SSA

Province of Ontario, rated Aa3/AA-/AA-/AA (Moody's/S&P/Fitch/DBRS), has mandated BMO Capital Markets, Deutsche Bank, Goldman Sachs International, J.P. Morgan and TD Securities as Joint Lead Managers for a € 10yr (14-Jul-36) Benchmark.

The transaction is to be launched in the near future, subject to market conditions. Relevant stabilization regulations including FCA/ICMA will apply.

Manufacturer target market (MiFID II/UK MiFIR product governance) is eligible counterparties and professionals only (all distribution channels).