|

Canada Housing TrustT No. 1, a special purpose securitization trust, completed a three-tranche debt financing consisting of the issuance of 3.95% Canada Mortgage Bonds, Series 21, in an aggregate principal amount of $9.0 billion, 4.60% Canada Mortgage Bonds, Series 14 (Second Re-Opening), in an aggregate principal amount of $2.0 billion and Floating Rate Canada Mortgage Bonds, Series 20, in an aggregate principal amount of $1.5 billion, for a combined total of $12.5 billion of Canada Mortgage Bonds, which were provided with Canada's sovereign guarantee through Canada Mortgage and Housing Corp. (CMHC).  Davies represented the underwriters with respect to corporate finance & securities and tax matters.

|

2008