Ontario to sell at least $1 bln 10-yr global notes

NEW YORK, April 6 | Tue Apr 6, 2010 3:22pm EDT

NEW YORK, April 6 (Reuters) - Ontario is planning to sell at least $1.0 billion of 10-year global notes, a source familiar with the sale said on Tuesday.

The notes are expected to price on Wednesday and are expected to yield in the low 50s (basis points) over mid-swaps, said the source.

The joint lead managers on the offering are Bank of America Merrill Lynch, Deutsche Bank, JPMorgan and RBC. (Reporting by Claire Sibonney in Toronto; Editing by Dan Grebler)

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