On July 26, 2005, the University of British Columbia completed an offering of $125 million principal amount of 4.817 per cent series B debentures due 2035. It is understood that this issue is the most economically priced debt offering of any Canadian university to date. RBC Dominion Securities Inc. acted as sole book-runner and lead agent for the offering with CIBC World Markets Inc., Scotia Capital Inc. and National Bank Financial Inc. also acting as agents.
The university was represented in-house by Hubert Lai, and by Herb Dodd and David Selley of Farris, Vaughan, Wills & Murphy LLP. Gordon Chambers and John Christian of Lawson Lundell LLP acted for the agents.
The university was represented in-house by Hubert Lai, and by Herb Dodd and David Selley of Farris, Vaughan, Wills & Murphy LLP. Gordon Chambers and John Christian of Lawson Lundell LLP acted for the agents.