DBRS Assigns BBB (high) Rating to CT REIT LP and Discontinues CT REIT’s Issuer Rating

DBRS Limited (DBRS) has today assigned an Issuer Rating of BBB (high) to CT Real Estate Investment Trust Limited Partnership (CT REIT LP). Concurrently, DBRS has discontinued the Issuer Rating of CT Real Estate Investment Trust (CT REIT). CT REIT’s Issuer Rating was originally used as a placeholder for a Senior Unsecured Debenture rating when the Trust had no senior unsecured debentures outstanding. However, on June 9, 2015, CT REIT issued Series A Senior Unsecured Debentures and Series B Senior Unsecured Debentures; therefore, the Issuer Rating of CT REIT is being withdrawn.

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.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The applicable methodologies are Rating Entities in the Real Estate Industry (May 2015) and Rating Companies in the Merchandising Industry (January 2015), which can be found on our website under Methodologies.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.