On April 30, 2002, Gloucester Credit Card Trust, as issuer, MBNA Canada Bank Limited, as seller, and an underwriting syndicate that included RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Scotia Capital Inc., closed a $500 million public securitization transaction. The notes issued by the trust were backed by a pool of credit card receivables originated by MBNA Canada.
McCarthy Tétrault LLP acted for the trust and MBNA Canada, with a team comprised of Marc MacMullin, François Gilbert and Alpana Garg (corporate) and Gabrielle Richards and Jim Warnock (tax). Torys LLP acted for the underwriting syndicate, with a team composed of Michael Feldman and GuyLaine Charles.
McCarthy Tétrault LLP acted for the trust and MBNA Canada, with a team comprised of Marc MacMullin, François Gilbert and Alpana Garg (corporate) and Gabrielle Richards and Jim Warnock (tax). Torys LLP acted for the underwriting syndicate, with a team composed of Michael Feldman and GuyLaine Charles.
