The bonds are due 2032

Davis Polk advised the underwriters in connection with the offering of $1.5 billion aggregate principal amount of 2.125% bonds due January 21, 2032 issued by the Province of Ontario.

The Davis Polk capital markets team included partner Deanna L. Kirkpatrick, counsel Jeffrey S. Ramsay and associate Amber Leary. The tax team included partner William A. Curran and associate Liang Zhang. All members of the Davis Polk team are based in the New York office.