DBRS Correction: Scotia Plaza FMB Press Release Dated September 19, 2017

DBRS Limited (DBRS) corrected a press release issued on September 19, 2017, with regards to rating confirmation of the First Mortgage Bonds (the Bonds) of KS SP Limited Partnership and KS SP1 Limited Partnership, and ARI SP Limited Partnership and ARI SP1 Limited Partnership (each an Issuer and, collectively, the Issuers) at A (high) (sf) with a Stable trend. In the press release, DBRS erroneously stated, “Overall, the financial performance of the Property is reflective of a DBRS debt service coverage ratio of 1.9 times and a DBRS loan-to-value ratio of 64%.” The correct DBRS debt service coverage ratio should be 1.55 times and the DBRS loan-to-value ratio should be 77.1%.

The errors had no material impact on the rating.

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