Transcontinental Sets Up $200M Securitization Program

On February 16, 2011, Transcontinental Inc. (TCI) set up a new two-year $200 million securitization program with a securitization conduit administered by a major Canadian bank, under which program TCI may sell, on an on-going basis, certain of its receivables to the conduit.

The bank was represented by McCarthy Tétrault LLP with a team consisting of Dirk Rueter, Candace Pallone, Mary Jeanne Phelan and Jennifer McGoey.
TCI was represented by Christine Desaulniers, Vice
President and Legal Affairs Director, assisted by Stikeman Elliott LLP with a team comprising Sterling Dietze, Mark McElheran and Laura Salvati.