Gloucester Credit Card Trust and MBNA Canada Bank close $500 million public securitization
Date Closed
March 31, 2006
Lead Office
Toronto
Value
500.00 Million CAD
On March 31,2006, Gloucester Credit Card Trust, as issuer, MBNA Canada Bank, as seller, and an underwriting syndicate, which included BMO Nesbitt Burns Inc., TD Securities Inc., CIBC World Markets Inc., RBC Dominion Securities Inc. and Scotia Capital Inc., closed a C$500 million public securitization transaction.
McCarthy Tétrault LLP advised Gloucester Credit Card Trust and MBNA Canada Bank with a team led by Marc MacMullin.
