September 17, 2012 / 4:18 PM / 5 years ago

Alberta sells C$600 million debt in reopening: term sheet

(Reuters) - The Canadian province of Alberta on Monday sold C$600 million ($619 million) in a reopening of an existing issue, according to a term sheet seen by Reuters.

The 2.55 percent notes, due December 15, 2022, were priced at 98.951 to yield 2.668 percent or 72 basis points over the Canadian government benchmark.

The investment dealer arm of Royal Bank of Canada was the lead manager of the sale.

Reporting by Pam Niimi

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