TORONTO - TD Bank Financial Group today confirmed media reports that it has underwritten $3.3 billion of a $34.3 billion credit facility and provided a $500 million equity bridge facility to a group of institutional investors led by Ontario Teachers' Pension Plan Board in support of their bid to acquire Bell Canada Enterprises. "While these commitments are large, they were entered into following the bank's normal credit processes and are within the risk tolerances provided for in the bank's risk management framework. In the ordinary course, the bank would expect to syndicate these commitments among other financial institutions and investors,"...
