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Equitable Bank assumes role of performance guarantor of Eagle Credit Card Trust

Lane
M&A
Announced
02 Jul 2026
Province
Ontario
Industry
Financial services
Status
Announced
What the filing says
Eagle Credit Card Trust today announced that, in connection with the completion of the acquisition by EQB Inc. (TSX: EQB ) of President's Choice Bank ("PC Bank") and certain other entities from Loblaw Companies Limited ("Loblaw") (TSX: L ), Equitable Bank, a Canadian chartered bank, has assumed all of Loblaw's rights and obligations as performance guarantor of PC Bank as seller and servicer under (i) certain pooling and servicing agreements made as of March 6, 2006 (as amended, restated, supplemented, replaced and otherwise modified prior to the date hereof), and (ii) all the related…
Source

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