DBRS Finalizes Provisional Rating of AA (high) on OPB Finance Trust’s Series E Debentures

DBRS Limited has today finalized the provisional rating of AA (high) with a Stable trend on OPB Finance Trust’s (the Trust) $250 million 2.95% Series E Debentures (the Debentures) maturing on February 2, 2026. The Series E Debentures are unconditionally and irrevocably guaranteed by the Ontario Pension Board and represent direct and unsecured obligations of the Trust, ranking pari passu with the other present and future unsecured and unsubordinated obligations of OPB Finance Trust.

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 Canadian Public Pension Funds & Related Exclusive Asset Managers and DBRS Criteria: Guarantees and Other Forms of Explicit Support, which can be found on our website under Methodologies.

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