DBRS Finalizes Provisional Rating on PSP Capital Inc.’s Series 5 Medium-Term Notes at AAA

DBRS has today finalized the provisional rating of AAA, with a Stable trend, on the $500 million, 3.03% Series 5 Medium-Term Notes (the Notes) of PSP Capital Inc., which will be maturing on October 22, 2020. The Notes are unconditionally and irrevocably guaranteed by Public Sector Pension Investment Board, and rank pari passu with all other present and future unsecured and unsubordinated obligations of the PSP Capital Inc.

Notes:
All figures are in Canadian 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 Rating Canadian Public Pension Funds & Related Exclusive Asset Managers, which can be found on our website under Methodologies.