Manitoba launches $800 million 10-year notes at mid-swaps plus 39 bps

By Aleesia Forni

Virginia Beach, May 7 - The Province of Manitoba launched $800 million of 10-year global debentures on Wednesday at mid-swaps plus 39 basis points, according to a market source.

The deal's launch comes tight of guidance, which was set in the low 40 bps over mid-swaps area.

The bookrunners are CIBC World Markets Corp., BMO Capital Markets, HSBC Securities and TD Securities.

Proceeds will be used for general government purposes, according to a 424B3 filed with the Securities and Exchange Commission.

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