DBRS Finalizes Tim Hortons Rating at A (low) with a Stable Trend

DBRS has today finalized the Senior Unsecured Debt provisional rating of Tim Hortons Inc. (THI) at A (low), with a Stable trend. Furthermore, DBRS has assigned the A (low) rating to THI’s new issue of $200 million Series 1 of Senior Unsecured Debt, due June 1, 2017.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating Food Retailers, which can be found on our website under Methodologies.

This is a Corporate (Consumers) rating.