Davis Polk & Wardwell LLP advised several underwriters represented by Banc of America Securities LLC, BNP Paribas Securities Corp., J.P. Morgan Securities Ltd. and RBC Capital Markets Corporation in connection with the offering of $3 billion aggregate principal amount of 2.375% U.S. dollar bonds due September 10, 2014, issued by Her Majesty in right of Canada.

The Davis Polk team included partner Alan Dean and associates Jean Weng and Tae-Hun Kim. Partner Harry Ballan and associate Kevin J. Brogan provided tax advice. Gwendolyn P. Ranada was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.