Golden Credit Completes $1B Offering

Golden Credit Card Trust completed a $1 billion public offering of three-year and five-year senior and subordinated credit card-backed notes. On June 29, 2001, the notes were secured by an interest in credit card receivables originated by Royal Bank of Canada. The syndicate of underwriters was led by RBC Dominion Securities Inc.

Acting on behalf of Royal Bank of Canada and Golden Credit Card Trust was a team from McCarthy Tétrault that included F. Gordon Thompson, F. David Rounthwaite, Alpana Garg, Adam Slater, Michael K. McConnell (corporate), and Gabrielle M.R. Richards (tax). The underwriters were represented by Jamie Scarlett, Michael Feldman and Cameron Koziskie from Torys.

Lawyer(s)

Adam L. Slater Cameron D. Koziskie F. Gordon Thompson Michael K. McConnell James D. Scarlett F. David Rounthwaite