On December 1, 2005, Bramalea City Centre Equities Inc. and Acktion Capital Corp. completed a $101,280,000 first mortgage bond financing (series A bonds) secured against Bramalea City Centre located in Brampton, Ontario. Bramalea City Centre Equities is owned by a group of pension funds and is managed by Morguard Investements Ltd.
Bramalea City Centre Equities and Acktion Capital sold the series A bonds to Metropolitan Life Insurance Company (MetLife). The series A bonds have a 10-year maturity.
MetLife was represented by in-house counsel Deepa Khosla, and by Osler, Hoskin & Harcourt LLP with a team that consisted of George Valentini and Janet Lee (real estate). Bramalea City Centre Equities and Acktion Capital were represented by McCarthy Tétrault LLP with a team that consisted of Danny Grandilli, Bram Green and Alexis Wiseman.
Bramalea City Centre Equities and Acktion Capital sold the series A bonds to Metropolitan Life Insurance Company (MetLife). The series A bonds have a 10-year maturity.
MetLife was represented by in-house counsel Deepa Khosla, and by Osler, Hoskin & Harcourt LLP with a team that consisted of George Valentini and Janet Lee (real estate). Bramalea City Centre Equities and Acktion Capital were represented by McCarthy Tétrault LLP with a team that consisted of Danny Grandilli, Bram Green and Alexis Wiseman.
