DBRS Discontinues Ratings on the Canadian Wheat Board

DBRS Limited (DBRS) has today discontinued all long- and short-term ratings of the Canadian Wheat Board (CWB). This follows the announcement on July 31, 2015, that Bunge Canada and SALIC Canada Ltd. have formed a joint venture and completed the acquisition of CWB. The assets of CWB will be combined with the grain assets of Bunge Canada to form a new entity, G3 Canada Limited. As a result of this transaction, all CWB debt guaranteed by the Government of Canada has been retired and the ratings are no longer required.

Notes:
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 DBRS Criteria: Guarantees and Other Forms of Explicit Support, which can be found on our website under Methodologies.

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