Date Closed

May 5, 2005

Lead Office

Toronto

Value

500.00 Million CAD

On May 5, 2005, Toronto Hydro Corp. completed a $500 million unsecured revolving term credit facility with a syndicate of lenders led by CIBC, as administration agent and lead arranger, Royal Bank of Canada, as syndication agent, and by the Bank of Nova Scotia, as documentation agent.

McCarthy Tétrault advised the syndicate of lenders with a team that was led by Joel Scoler, and included Justin Lapedus, and Séan O'Neill.