DBRS Discontinues Rating on NewGrowth Corp. Class B Preferred Shares, Series 3

DBRS Limited (DBRS) discontinued the ratings on the Class B Preferred Shares, Series 3 (the Preferred Shares) issued by NewGrowth Corp. as the Preferred Shares were fully repaid on June 26, 2019.

Notes:
The principal methodology is Rating Canadian Split Share Companies and Trusts, which can be found on dbrs.com under Methodologies & Criteria.

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.

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