The investment-grade bonds are due 2030

Davis Polk advised the underwriters in connection with the offering of $2 billion aggregate principal amount of 4.000% U.S. dollar bonds due 2030 issued by Export Development Canada.

Export Development Canada, a crown corporation of Canada, provides financing, insurance and bonding solutions to Canadian companies that export goods and services or invest in other countries. The bonds carry the full faith and credit of Canada.

The Davis Polk corporate team included partner Deanna L. Kirkpatrick, counsel Arisa Akashi Sin and associate Jenny (Jingjing) Li. The tax team included counsel Liang Zhang and associate William Liang. All members of the Davis Polk team are based in the New York office.