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What we verified from this filing9 verified
- unsecured creditorsnote: Composed of Class A $133,900,000, Class E $151,100,000, Class FRN $100,000,000 · page: 6 · basis: Approximate total face value owed by the Conduit to Noteholders, as reported by the Monitor · amount: 385000000 · debtor: Devonshire Trust · creditor: Noteholders - Caisse de Dépôt et Placement du Québec (Class A, E, FRN) · currency: CAD
- unsecured creditorsnote: Composed of Class A $56,416,442, Class E $113,224,609, Class FRN $50,000,000; Barclays' other claims to be extinguished under the Plan and this holding subject to compromise · page: 6 · basis: Approximate total face value owed by the Conduit to Noteholders, as reported by the Monitor · amount: 219641051 · debtor: Devonshire Trust · creditor: Noteholders - Barclays holdings (Class A, E, FRN) · currency: CAD
- unsecured creditorsnote: Composed of Class A $19,400,000, Class E $39,890,338, Class FRN $15,000,000 · page: 6 · basis: Approximate total face value owed by the Conduit to Noteholders, as reported by the Monitor · amount: 74290338 · debtor: Devonshire Trust · creditor: Noteholders - Other holders (Class A, E, FRN) · currency: CAD
- unsecured creditorsnote: Unaffected creditor; part of current liabilities; to be paid in normal course under Plan · page: 9 · basis: As reported in balance sheet/report by the Monitor · amount: 129449 · debtor: Devonshire Trust · creditor: Unaffected creditors - Accounts payable and accrued liabilities · currency: CAD
- unsecured creditorsnote: Unaffected creditor; part of current liabilities; to be paid in normal course under Plan · page: 9 · basis: As reported in balance sheet/report by the Monitor · amount: 41083 · debtor: Devonshire Trust · creditor: Unaffected creditors - Brokers' commissions payables · currency: CAD
- secured creditorsnote: Barclays subordinated its security as part of the Settlement Agreement and proposed Plan; its claims against the CCAA Parties are being fully compromised and extinguished under the Plan; amount not stated as a balance · page: 12 · debtor: Metcalfe & Mansfield Alternative Investments VII Corp. (Issuer Trustee of Devonshire Trust) · creditor: Barclays Bank PLC · currency: CAD · security: Perfected security interest against the CCAA Parties with respect to Devonshire Trust; also liquidity provider and CDS counterparty
- secured creditorsnote: Registration confirmed by PPSA and RPMRR searches; acts on behalf of Noteholders, not a creditor in its own right · page: 12 · debtor: Metcalfe & Mansfield Alternative Investments VII Corp. (Issuer Trustee of Devonshire Trust) · creditor: CIBC Mellon · currency: CAD · security: Registered as Indenture Trustee, registering the security interest granted to the Noteholders pursuant to the Trust Indenture
- financial positionnote: Total assets include contingent settlement amounts from Barclays ($532,668,082 settlement payments under swaps, $1,061,916 unpaid amount under swaps, $58,412,380 interest owed by Barclays under swaps), contingent on Plan implementation. Total liabilities composed of accounts payable/accrued liabilities $129,449, brokers' commissions payables $41,083, commercial paper $513,931,389, floating-rate notes (FRN) $165,000,000, and total accrued interest on face amounts (incl. capitalized defaulted coupons on FRN notes) $87,801,093. Deficit of $21,638,272 (net deficit $21,638,262 after units outstanding). · page: 22 · as at: 2014-06-01 · basis: Unaudited · scope: Entity - Devonshire Trust (Conduit) · currency: CAD · total assets: 745264742 · total liabilities: 766903014
- recovery outcomeentries: basis: plan · quote: | Total estimated recovery | 88.79% | 97.24% | · pct of: unstated · outcome: distribution · pct low: 88.79 · currency: CAD · pct high: 97.24 · class key: secured · stated by: monitor · class label: Noteholders · interim final: unstated · currency quote: In CAD · claims qualifier: unstated; basis: unstated · quote: Noteholders are anticipated to recover 100% of the face value of the Notes and between 0% to 75% of accrued interest. · pct of: unstated · outcome: distribution · pct low: 100 · pct high: 100 · class key: secured · stated by: monitor · class label: Noteholders · interim final: unstated · claims qualifier: unstated · stated on: 2014-07-03 · table missing: