Canadian Treasurer

June 14 , 2012

BNY Mellon appointed to trustee and agent roles for Capital City Link General Partnership's CAD$534.8 million bond issue

NEW YORK-- BNY Mellon, provider of investment management and investment services, has been appointed indenture trustee, collateral agent and financial model custodian for Capital City Link General Partnership's (CCLGP) CAD$534.8 million bond issuance. CCLGP will use the proceeds of the issuance to finance construction of the northeast leg of Anthony Henday Drive, a ring road highway around Edmonton.

In its role, BNY Mellon Corporate Trust will provide a variety of services for the debt issue, including processing principal and interest payments and maintaining bondholder records.

Capital City Link General Partnership and The Government of Alberta Ministry of Transportation have entered into a public-private partnership in which CCLGP is responsible for designing, building, operating and financing Northeast Anthony Henday Drive. Capital City Link General Partnership is a general partnership comprising subsidiaries of Meridiam Infrastructure, ACS Infrastructure Canada and Hochtief PPP Solutions GmbH.

"Capital City Link General Partnership is dedicated to strengthening the transportation infrastructure in Alberta. Being appointed to service such a high-profile project underscores our commitment to being a key participant in valuable public-private partnerships in Canada," said Sonia Chaliha, managing director and head of Latin America and Canada at BNY Mellon Corporate Trust.

BNY Mellon Corporate Trust, through BNY Trust Company of Canada, provides global trust and agency services to Canadian issuers interested in tapping the global capital markets, as well as any issuer looking to issue in the Canadian domestic capital markets.

BNY Mellon Corporate Trust services $11.9 trillion in outstanding debt from 61 locations in 20 countries. Its clients include governments and their agencies, multinational corporations, financial institutions and other entities that access the global debt capital markets. The corporate trust business utilizes its global footprint and expertise to deliver a full range of issuer and related investor services and to develop customized and market-driven solutions. Its range of core services includes debt trustee, paying agency, escrow and other fiduciary offerings.

Corporate trust providers are appointed by corporations, municipal governments and other entities issuing debt to perform a variety of duties, including servicing and maintaining the debt issue, processing principal and interest payments for investors, representing investors in defaults, and providing value-added services for complex debt structures.



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