TSX Trust Appointed as Trustee for EllisDon鈥檚 Groves Memorial Community Hospital Development Project
July 31, 2017 (TORONTO) - TSX Trust, TMX Group's corporate trust services provider, has been appointed indenture trustee and security agent for EllisDon Infrastructure GMCH Inc.'s approximate CAD 100M bond issuance. The proceeds will be used to design and build the recently awarded Groves Memorial Community Hospital (GMCH) Development project. This project is being delivered using Infrastructure Ontario's Alternative Financing and Procurement (AFP) model, an innovative way to finance and procure large, complex public infrastructure projects.
As trustee for all types of debt instruments, TSX Trust will help to execute the debt financings by acting as trustee, registrar, interest and redemption payment agent, and monitor issuer obligations and covenants.
"TSX Trust is proud to support EllisDon and the GMCH project and contribute to the province's vital healthcare infrastructure," said Loui Anastasopoulos, President, TSX Trust and Managing Director, TSX Company Services, TMX Group. "The appointment in these key roles underscores our commitment to providing efficient and superior client service to the Canadian P3 sector."
The new hospital will be built in Aboyne, Ontario, and will replace the existing GMCH in Fergus. The project is a replacement hospital built on a greenfield site with more space for emergency, ambulatory, diagnostic and inpatient services to accommodate a growing community.
TSX Trust provides transfer agency and corporate trust services to public and private companies and investors, as well as the advisory community in Canada and around the world. For more information visit .
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TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. , , , , , , , , , and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing and Singapore. For more information about TMX Group, visit our website at . Follow TMX Group on Twitter: .
For more information please contact:
Catherine Kee
Manager, Corporate Communications
TMX Group
416-814-8834
catherine.kee@tmx.com