DBRS Assigns Provisional Rating of AAA to CPPIB Capital Inc.’s Series C Notes

DBRS Limited (DBRS) has today assigned a provisional rating of AAA, with a Stable trend, to the proposed Medium Term Notes, Series C to be issued by CPPIB Capital Inc. The Series C Notes are unconditionally and irrevocably guaranteed by the Canada Pension Plan Investment Board, and rank pari passu with all other present and future unsecured and unsubordinated indebtedness of CPPIB Capital Inc.

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.

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