August 20, 2008
 
MCCT completes IPO
 
 
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Master Credit Card Trust (MCCT), a special purpose securitization vehicle sponsored by the Bank of Montreal, completed its initial public offering of three and five-year asset backed notes, totalling $1.25 billion.  MCCT also completed a private placement of $250 million asset backed notes, resulting in total proceeds to MCCT of $1.5 billion.  Davies represented the underwriting syndicate, led by BMO Nesbitt Burns.

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2006