DBRS Assigns Provisional Rating of AA (high) to OPB Finance Trust’s Series F Debentures
Pension FundsDBRS Limited has today assigned a provisional rating of AA (high), with a Stable trend, to the proposed Series F Debentures (the Debentures) to be issued by OPB Finance Trust (the Trust). The Trust is a special-purpose entity and principal financing vehicle of the Ontario Pension Board (OPB). The Debentures are unconditionally and irrevocably guaranteed by OPB and rank pari passu with all other present and future unsecured and unsubordinated obligations of the 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.
The applicable methodologies are Rating Canadian Public Pension Funds & Related Exclusive Asset Managers and Structured Finance Flow-Through Ratings, which can be found on our website under Methodologies.