The Pan-Canadian Investors Committee for Third Party Structured Asset Backed Commercial Paper and the bank counterparties to the third party ABCP conduits covered by the “Montreal Accord” announced today the extension to December 14, 2007 of the standstill arrangements which are the foundation of the Montreal Accord.
The Pan-Canadian Investors Committee for Third Party Structured Asset Backed Commercial Paper is providing the following additional information
with regard to the Montreal Accord’s standstill arrangements, as extended to December 14, 2007.
In a report made public September 28, 2007, rating agency Standard & Poor’s upheld the short-term (A-1+) and long-term (AAA) credit ratings of the Caisse de dépôt et placement du Québec and its subsidiary CDP Financial, both with a stable outlook.
The Caisse de dépôt et placement du Québec today published its trade matching statement, in accordance with National Instrument 24-101 – Institutional Trade Matching and Settlement.
The Caisse de dépôt et placement du Québec (the "Caisse") announces that it has acquired 784,000 common shares of Technologies 20-20 Inc. (TSX: TWT) ("Technologies" or the "Company")
LGY Acquisition LP (the "Offeror") and Legacy Hotels Real Estate Investment Trust ("Legacy REIT") announced today that the Offeror has completed the take up and payment for the 118,116,109 trust units of Legacy REIT deposited to the Offeror's take-over bid.
The Caisse has become aware of an article, published today in a Montréal newspaper, that purports to state the amount of its investments in third-party asset-backed commercial paper (ABCP).
LGY Acquisition LP (the "Offeror") and Legacy Hotels Real Estate Investment Trust ("Legacy REIT") (TSX: LGY.UN) announced today that approximately 118.1 million trust units of Legacy REIT have been validly deposited to the Offeror's previously announced offer to acquire all Legacy REIT trust units not already owned by the Offeror for $12.60 cash per trust unit (the "Offer").
This release is being sent to all holders of third party asset-backed commercial paper (“Third Party ABCP”) on behalf of the Investor Committee overseeing the proposed restructuring process of the Third Party ABCP and chaired by Mr. Purdy Crawford.