The investment-grade bonds are due 2028

Davis Polk advised the underwriters in connection with the offering of $4 billion aggregate principal amount of 3.750% U.S. dollar bonds due April 26, 2028, issued by His Majesty in Right of Canada.

The Davis Polk capital markets team included partner Deanna L. Kirkpatrick, counsel Jeffrey S. Ramsay and associate Christian Knoble. The tax team included partner Mario J. Verdolini and associate Nancy B. Regan. All members of the Davis Polk team are based in the New York office.