Press Release

DBRS Assigns Provisional Rating of AAA to OMERS Finance Trust’s Medium-Term Notes

Pension Funds
April 24, 2019

DBRS Limited (DBRS) assigned a provisional rating of AAA with a Stable trend to the Medium-Term Notes (the Notes) to be issued from time to time by OMERS Finance Trust (OFT). The initial issuance of the Notes from OFT is expected to be USD Senior Notes. OFT is the principal financing vehicle of OMERS Administration Corporation (OMERS). The Notes are unconditionally and irrevocably guaranteed by OMERS and rank pari passu with all other present and future unsecured and unsubordinated indebtedness of OMERS.

Notes:
The principal methodologies are Rating Canadian Public Pension Funds & Related Exclusive Asset Managers (July 2018) and Structured Finance Flow-Through Ratings (January 2019), which can be found on dbrs.com under Methodologies & Criteria.

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 under Related Documents or by contacting us at info@dbrs.com.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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

DBRS Limited
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Toronto, ON M5H 3M7 Canada

Ratings

  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
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  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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