DBRS Releases Report on Canaccord Financial Inc.
Funds & Investment Management CompaniesDBRS has today released a report on Canaccord Financial Inc. (Canaccord or the Company) that provides further detail on the recently assigned rating of Pfd-3 (low) on the Company’s Preferred Share obligations. The rating reflects the strength of Canaccord’s business franchise as the largest independent (non-bank-owned) full-service investment dealer in Canada with capability in retail distribution, equity and fixed income capital markets, and M&A advisory work.
Today’s report and the June 6, 2011, press release, are available at www.dbrs.com.