Talon Receives $310M in Credit Facilities for Trump International Hotel & Tower

On October 9, 2007, Talon International Inc. obtained $310 million in credit facilities from BNY Trust Company of Canada, occasionally acting as the agent for the lenders participating in the credit facilities to finance the construction of Trump International Hotel & Tower, Toronto. Trump International Hotel & Tower is a joint venture between Donald J. Trump and Talon International Development Inc. and is expected to be finished in 2010.

Talon was represented by Goodmans LLP with a team led by Avi Greenspoon (corporate) and Tom Macdonald (real estate) and included David Wiseman, Elisabeth Cleghorn and Greg Aronson(banking).

BNY was represented by Bennett Jones LLP with a team that included S. Paul Mantini, Simon Crawford and Juliana Abdo.