DBRS Discontinues Wajax Corporation Ratings

DBRS Limited (DBRS) discontinued the Issuer Rating and Senior Unsecured Notes rating of Wajax Corporation (Wajax). The ratings are being discontinued at the request of the Issuer. DBRS notes that the discontinuation is a result of early redemption of the outstanding Senior Unsecured Notes and is unrelated to Wajax’s credit risk profile.

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 principal methodologies are DBRS Criteria: Recovery Ratings for Non-Investment Grade Corporate Issuers and Rating Companies in the Capital Goods Dealership Industry, which can be found on dbrs.com under Methodologies.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.