DBRS Discontinues Ratings on Aimia Inc.

DBRS Limited (DBRS) discontinued the Issuer Rating, Senior Secured Debt rating and Preferred Shares rating of Aimia Inc. (the Company). The Senior Secured Debt rating is being discontinued because all outstanding debt has been repaid. The Issuer Rating and Preferred Shares rating of BB (low) with a Negative trend and Pfd-5 (high) with a Negative trend, respectively, were Under Review with Developing Implications. DBRS generally tries to resolve Under Review statuses prior to any discontinuation. In this case, however, DBRS does not have sufficient information to resolve the Under Review with Developing Implications status but is nonetheless discontinuing the ratings per the Company’s request.

Notes:
The principal methodologies are Rating Companies in the Consumer Products Industry, DBRS Criteria: Recovery Ratings for Non-Investment Grade Corporate Issuers 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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