DBRS Discontinues Rating of SNP Health Split Corp.
Split Shares & FundsDBRS has today discontinued the rating on the Class A Preferred Shares (the Preferred Shares) issued by SNP Health Split Corp. (the Company). On February 10, 2009, the Company announced that the Preferred Shares would be redeemed at the initial issue price of US$25 per share. On February 11, 2009, the Preferred Shares were redeemed and de-listed from the Toronto Stock Exchange, in accordance with the prospectus.
Notes:
The applicable methodology is Split Share Issuers: A Performance Overview, which can be found on our website under Methodologies.
This is a Structured Finance rating.
Ratings
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