Davis Polk advised the underwriters in connection with the offering by the Province of Ontario of CAD1 billion aggregate principal amount of its 2.65% bonds due February 5, 2025. The net proceeds of the bonds will be used for eligible projects with an emphasis on clean transportation and energy efficiency and conservation.

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