Ontario sells C$750 mln debt in reopening - term sheet

Wed Nov 14, 2012 10:35am EST

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Nov 14 (Reuters) - The Canadian Province of Ontario on Wednesday sold C$750 million ($750 million) in debt due June 2, 2023 in a reopening of an existing issue, according to a term sheet seen by Reuters.

The 2.85 percent securities were priced at par to yield 100 basis points over the Canadian government benchmark, according to the term sheet.

The lead manager on the sale was National Bank Financial.

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