Sudbury Regional Hospital construction project reaches financial close
Date Closed
May 8, 2007
Lead Office
Toronto
Value
131.93 Million CAD
On May 8, 2007, the Hôpital Régional de Sudbury Regional Hospital, with its co-sponsor Infrastructure Ontario, reached financial close with EllisDon–LPF Sudbury LP and their lenders, Royal Bank of Canada, by way of a Bond Offering and Trust Indenture with BNY Trust Company of Canada acting as Bond Manager and Trustee, for the construction and financing of the Sudbury Regional Hospital’s Capital Construction project. This Project’s goal is to improve access to healthcare facilities and the quality and efficiency of the services provided to patients of the Sudbury Regional Hospital. The value of the contract is C$131 million.
McCarthy Tétrault LLP advised Infrastructure Ontario and the Sudbury Regional Hospital with a team led by Gordon Willcocks.