Canada Housing Trust completes $7.5 billion debt financing

Company

Canada Housing Trust No. 1

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

Company

Canada Mortgage and Housing Corporation (CMHC)

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

On December 19, 2024, Canada Housing Trust™ No. 1, a special purpose securitization trust, completed a debt financing consisting of the issuance of 2.900% Canada Mortgage Bonds™, Series 123 (Re-Opening), in an aggregate principal amount of $7,500,000,000 of Canada Mortgage Bonds™, which were provided with Canada’s sovereign guarantee through Canada Mortgage and Housing Corporation (CMHC).

Financing/Investment
Infrastructure
$ 7,500,000,000
Closed
19 December 2024