Ontario sells C$600 mln debt in reopening

NEW YORK, Aug 31 (BestGrowthStock) – Ontario on Tuesday sold C$600
million ($566 million) of debt in a reopening of an existing
4.60 percent issue, according to a term sheet seen by Reuters.

The debt will mature on June 2, 2039 and was priced at
104.006 to yield 4.354 percent or 92.5 basis points over the
Canadian government benchmark, according to the term sheet.

The sole lead manager on the sale was the investment dealer
arm of Bank of Nova Scotia.

($1=$1.06 Canadian)
(Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

Ontario sells C$600 mln debt in reopening