McCarthy Tétrault acted for CIBC World Markets Inc. and TD Securities Inc. in the private placement of $300 million principal amount 8.06 per cent First Mortgage Bonds by O&Y FPT Inc., a subsidiary of O&Y Properties Corporation. O&Y FPT Inc. owns the First Bank Tower in downtown Toronto which houses the Bank of Montreal head office. Principal lawyers from McCarthy Tétrault on the transaction were Gordon S. Sato (real property) and Sean D. Sadler (securities). Counsel to O&Y FPT Inc. were Jonathan A. Levin and Joel E. Binder of Fasken Martineau DuMoulin. In-house counsel at O&Y FPT involved in the transaction was Randall B. Northey