Legacy Hotels REIT Issues Bonds

On October 18, 2001, Legacy Hotels Real Estate Investment Trust issued bonds in the amount of $162.5 million in favour of CDP Mortgages, a wholly owned subsidiary of Caisse de dépôt et placement du Québec (CDP). The bonds were secured against The Fairmont Royal York in Toronto.

Legacy was represented by Gord Sato, Danielle Bush, Jonathan Gitlin, Greg Stone and Jacqueline Harper of McCarthy Tétrault LLP in Toronto. CDP was represented by Mark Brennan, Pamela Horton, Susan Redmayne, Nathan Chan, Rebecca Cutler and Ivka Starcevic of Donahue Ernst & Young LLP in Toronto.

Negotiations were handled on the business side by Jerry Patava and Lynn Graydon, respectively executive vice-president, CFO and treasurer and assistant treasurer, corporate finance of Legacy, by Jean Pinard and Tino Masecchia, respectively president and vice-president of CDP and by David Dulberg and Richard Matheson, respectively vice-president and managing director of RBC Dominion Capital Markets, as exclusive advisor to Legacy.


Gordon S. Sato Mark S. Brennan Ivka Starcevic Gregory J. Stone Nathan Chan Susan P. Redmayne Jacqueline M. Harper Pamela D. Horton Danielle M. Bush