DBRS Discontinues Ratings on AGT Food and Ingredients Inc.

DBRS Limited (DBRS) discontinued the Issuer Rating and Senior Unsecured Notes rating of AGT Food and Ingredients Inc. (AGT or the Company). The ratings are being discontinued at the Company’s request and the discontinuation is unrelated to AGT’s credit risk profile. DBRS notes that the majority of the Senior Unsecured Notes have been repaid.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The principal methodologies are Rating Companies in the Consumer Products Industry, DBRS Criteria: Recovery Ratings for Non-Investment Grade Corporate Issuers, DBRS Criteria: Guarantees and Other Forms of Support and DBRS Criteria: Preferred Share and Hybrid Security Criteria for Corporate Issuers, 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.

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