DBRS Rates Aimia’s $150 Million Preferred Shares Issuance at Pfd-3 with Stable Trend
ConsumersDBRS has today assigned a rating of Pfd-3 with a Stable trend to the $150 million Cumulative Rate Reset Preferred Shares, Series 3 (the Preferred Shares) issued by Aimia Inc. (Aimia or the Company). The Preferred Shares rank on parity with all other preferred shares issued by Aimia. The net proceeds will be used to supplement the Company’s financial resources and for general corporate purposes.
Notes:
All figures are in Canadian dollars unless otherwise noted.
The applicable methodology is Rating Companies in the Consumer Products Industry, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.