Ontario School Boards Financing Corp. completes offering

Date Closed: 8/08/2005

Value: $123 million

On August 8, 2005, Ontario School Boards Financing Corp. (OSBFC) completed the offering of $122,875,000 2005-A1 pooled debentures ownership interests representing undivided co-ownership interests in $122,875,000 aggregate principal amount of 4.789 per cent fully amortizing debentures due August 8, 2030 purchased by OSBFC from six school boards in the Province of Ontario.

The underwriters were represented by Heather Douglas and Adam Segal (public sector finance and securities) and Craig Webster (tax) of BLG.