DBRS Finalizes Provisional Rating on McMaster University’s Debentures Issue at AA (low)

DBRS Limited (DBRS) has today finalized the provisional rating of AA (low) with a Stable trend on the $120 million 4.105% Series A Senior Unsecured Debentures issued by McMaster University (the University), maturing in 2065. The debentures rank pari passu will all of the University’s other present and future unsecured and unsubordinated obligations.

For more information, please see the recent press release “DBRS Confirms McMaster University AA (low) and Assigns Provisional Rating on Debentures Issue,” issued on October 27, 2015.

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 methodology is Rating Public Universities (June 2015), which can be found on our website under Methodologies.