US $34Billion Euro Financing For Canadian Financial Institutions and Sovereigns

Ogilvy Renault’s London office (Peter S. Noble) acted as arranger’s counsel for: Lehman Brothers International in respect of the clearance of the Province of British Columbia US$5 billion programme, with Michael Shepherd, Ministry of the Attorney General, representing British Columbia; Merrill Lynch International in respect of Caisse centrale Desjardins du Québec’s US$5 billion programme, with Gilles Lapierre, Vice-President, Legal and Corporate Affairs representing Caisse centrale; Credit Suisse First Boston (Europe) Corporation in respect of Hydro-Québec’s US$4 billion programme, with Louise Guillemette and Genevieve Marchand (Hydro-Québec) and Pierre Sauvé and Bernard Blouin (Bélanger, Sauvé) representing Hydro-Quebec; and Merrill Lynch International in respect of Province of Quebec’s; US$10 billion programme, with Pierre Sauvé and Bernard Blouin (Bélanger, Sauvé) representing Quebec. Ogilvy Renault’s London office (Peter S. Noble and Frank L. Picciola) also acted as Royal Bank of Canada’s counsel in respect of its US$10 billion Euro Debt Issuance Programme while Stikeman Elliott’s London office (Marianne Sussex) acted as counsel for Morgan Stanley & Co. International, the Programme’s arranger.