Mattamy Homes Completes Financing

Mattamy Homes, one of Canada’s pre-eminent and innovative home builders, completed a $300 million syndicated financing on June 11, 2003. The lead arranger and agent for the financing was Royal Bank of Canada through its RBC Real Estate Markets Group, with CIBC as co-lead arranger and syndication agent. The credit facility will provide Mattamy with the financial resources and flexibility to pursue its corporate strategy.

Mattamy Homes was represented by Gowling Lafleur Henderson LLP with a team led by David Hamilton, and assisted by Stephen Harmer and Katerina Kouretas. Royal Bank of Canada and CIBC were represented by McMillan Binch LLP, with a team led by Paul Avis, and assisted by Sean Cooke and Jonah Davids.