Skip to main content
TD Stories
EN
TD BANK GROUP

Schooner Trust announces issuance of Commercial Mortgage Pass-Through Certificates

1 minute read
By TD Bank Group
• Jun 22, 2007
TORONTO, June 22 /CNW/ - Schooner Trust announced today the completion of an offering of $518,144,935 Commercial Mortgage Pass-Through Certificates, Series 2007-8, $37,567,935 of which were offered on an exempt basis. The offering incorporated a new certificate structure which distinguished between super-senior and junior level "AAA" rated certificates. The junior "AAA" certificate (Class A-J) was subordinated to the super-senior classes (Class A-1 and A-2), allowing for a different risk profile at the "AAA" level. The super-senior certificates benefited from greater credit support as a result of the new Class A-J certificate. Schooner Trust was established to acquire interests in multi-family residential or commercial mortgages and to issue securities backed by such mortgages. About TD Bank Financial Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group serves more than 14 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading on-line financial services firms, with more than 4.5 million on-line customers. The Bank had $397 billion in assets as of April 30, 2007. The Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under the symbol "TD," as well as on the Tokyo Stock Exchange. For further information: Chris Stevens, TD Securities, (416) 307-9303

See you in a bit

You are now leaving our website and entering a third-party website over which we have no control.

Continue to site Return to TD Stories

Neither TD Bank US Holding Company, nor its subsidiaries or affiliates, is responsible for the content of the third-party sites hyperlinked from this page, nor do they guarantee or endorse the information, recommendations, products or services offered on third party sites.

Third-party sites may have different Privacy and Security policies than TD Bank US Holding Company. You should review the Privacy and Security policies of any third-party website before you provide personal or confidential information.