West Edmonton Mall completes $600 million first mortgage bond financing
October 17, 2006
600.00 Million CAD
On October 17, 2006, West Edmonton Mall Property Inc. completed a $600 million first mortgage bond financing secured by Canada’s largest shopping centre, West Edmonton Mall. The ten year financing bears interest at 5.66%, which recognizes both the financial strength of the Mall and the favourable credit rating of its debt. The financing was provided by Column Financial Canada, a wholly owned subsidiary of Credit Suisse.
McCarthy Tétrault LLP advised Column Financial Canada with a team led by William McCullough.