Banking Facilities Underwritten Concurrent with Yellow Pages Offering

Concurrent with the Yellow Pages Income Fund $1 billion public issuance of trust units on August 1, 2003, major banking facilities were also underwritten. The offering was supported by a major syndicated credit facility for YPG Holdings Inc. totalling $1.3 billion, for which the co-lead arrangers were Royal Bank of Canada, CIBC and The Bank of Nova Scotia, and the co-arrangers were Bank of Montreal, TD Bank and National Bank of Canada.

The Yellow Pages Group legal team was directed by Fran├žois Ramsay, vice-president, general counsel and secretary; assisted in Canada by Torys LLP in Toronto, with a team that included Edwin Nordholm, Janie Tremblay and Conrad Sheppard, and Jean Lamothe of Stikeman Elliott LLP in Montreal; and in the U.S. by James Cross and Darins Mehraban of Simpson Thacher & Bartlett LLP in New York.

The co-lead arrangers were represented by Fasken Martineau DuMoulin LLP, with a team that included Brian Wright and Tom Meagher in Toronto and Claude Gendron, Marc Novello and Martin Racicot in Montreal.

Lawyer(s)

Darius Mehraban James D. Cross Thomas M. Meagher Jean G. Lamothe Marc Novello Brian G. Wright Claude Gendron Conrad P. Sheppard Martin Racicot Janie Tremblay Edwin B. Nordholm

Firm(s)