Home Capital Group Inc.: Rating Report

On March 16, 2020, DBRS Limited (DBRS Morningstar) upgraded the long-term ratings of Home Capital Group Inc. (HCG or the Group) to BB (high) from BB (low) and upgraded the Group’s short-term ratings to R-3 from R-4. DBRS Morningstar also upgraded the long-term ratings of HCG’s primary operating subsidiary, Home Trust Company (HTC or the Trust Company), to BBB (low) from BB and upgraded the Trust Company’s short-term ratings to R-2 (middle) from R-4.