Morguard Corporation (131 Queen Street): Rating Report
Commercial MortgagesSummary
DBRS Limited (DBRS) confirmed the rating of Morguard Corporation (131 Queen Street)’s 5.31% Mortgage Loan Due November 1, 2026 (the Mortgage Loan) at AAA. The Mortgage Loan was made by a major Canadian financial institution (the Lender) to Morguard Corporation (the Borrower) in relation to the permanent financing following the construction of a building at 131 Queen Street in Ottawa (the Premises). The confirmation is part of DBRS’s continued effort to provide timely credit rating opinions and increased transparency to market participants.
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