Osmington and CPP complete $190 million financing

Date Closed: 1/08/2003

Value: $190 million

Toronto-based Osmington Inc., in partnership with CPP Investment Board Real Estate Holdings Inc. completed arrangements with Royal Bank of Canada on January 8, 2003, providing for $190 million in bridge financing to facilitate the purchase by five subsidiaries of Osmington and the board of five Ontario shopping centres.

Osmington was represented by Morty Gross, Q.C., Noella Milne, Katrina Myers and Jenette Boycott of BLG.