DBRS Finalizes Provisional Rating of OPB Finance Trust Debentures at AA (high)

DBRS has finalized the provisional rating of AA (high), with a Stable trend, on the $250 million, 2.90% Series C Debentures (the Debentures) of OPB Finance Trust (the Trust), which will be maturing on May 24, 2023. The Debentures are unconditionally and irrevocably guaranteed by Ontario Pension Board, and rank pari passu with all other present and future unsecured and unsubordinated obligations of the Trust.

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

The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.

The applicable methodology is Canadian Public Pension Funds and Their Exclusive Asset Managers (May 2012), which can be found on our website under Methodologies.