DBRS Morningstar Discontinues Rating on MILIT-AIR Series 2-1 Bonds

DBRS Limited (DBRS Morningstar) discontinued its rating on the Amortizing Secured Bonds Series 2-1 issued by MILIT-AIR Inc. as the Series was fully repaid on April 22, 2020. MILIT-AIR is a not-for-profit corporation that acquires and makes infrastructure assets to support the NATO Flight Training in Canada program.

ESG CONSIDERATIONS
A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework and its methodologies can be found at: https://www.dbrsmorningstar.com/research/357792.

Notes:
The principal methodology is the Rating Public-Private Partnerships methodology (August 23, 2019), which can be found on dbrsmorningstar.com under Methodologies & Criteria.

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS Morningstar 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.dbrsmorningstar.com or contact us at [email protected].

DBRS Limited
DBRS Tower, 181 University Avenue, Suite 700
Toronto, ON M5H 3M7 Canada
Tel. +1 416 593-5577