Solar Trust Completes Fourth Securities Offering

Solar Trust completed its fourth public offering of commercial mortgage-backed securities on May 26, 2003. The total issue was approximately $430 million. The pass-through certificates were backed by a diverse pool of 59 commercial mortgages originated by Commercial Mortgage Origination Company of Canada, a wholly owned subsidiary of TD Bank, and by Column Canada Financial Corp., a member of the Credit Suisse Group. TD Securities Inc. and Credit Suisse First Boston Canada Inc. acted as co-lead managers on the transaction.

McCarthy T├ętrault LLP acted for the trust, Column Canada Financial and the selling agents, with a team led by Marc MacMullin, William McCullough, Simon Fitzpatrick, Dean Masse, Oliver Hobday, Tara Rosenblatt and Jim Morand (tax). Commercial Mortgage Origination Company of Canada was represented by Fogler, Rubinoff LLP, with a team that inlcuded Melvyn Rubinoff, Q.C., Howard Rubinoff, Barry Fillimore and Judith Hong Wilkin.

Lawyer(s)

Marc J. MacMullin Oliver Hobday Judith Hong Wilkin R. Barry Fillimore Tara R. Rosenblatt James G. Morand Howard D. Rubinoff Melvyn P. Rubinoff Dean C. Masse Simon R. Fitzpatrick William D. McCullough

Firm(s)

McCarthy Tétrault LLP Fogler, Rubinoff LLP