Export Development Canada $1 billion floating-rate bond offering

Davis Polk advised the underwriters in connection with the offering of $1 billion aggregate principal amount of U.S. dollar floating-rate bonds due August 2028 issued by Export Development Canada.

Export Development Canada, a crown corporation of Canada, provides financing, insurance and bonding solutions to Canadian companies that export goods and services or invest in other countries. The bonds carry the full faith and credit of Canada.

The Davis Polk team included partner Deanna L. Kirkpatrick, counsel Jeffrey S. Ramsay and associate Marquis J. Pullen. The tax team included counsel Liang Zhang and associate Ted Lee. All members of the Davis Polk team are based in the New York office.