Health Montréal Collective Limited Partnership/Collectif Santé Montréal S.E.C.: Rating Report

On December 10, 2020, DBRS Limited (DBRS Morningstar) downgraded the Issuer Rating of Health Montréal Collective Limited Partnership/Collectif Montréal Santé S.E.C. (ProjectCo) and the rating of the $1,371 million Senior Secured Bonds to BBB (low) from BBB. The ratings were removed from Under Review with Negative Implications where they had been placed on June 27, 2018, and the trends are now Negative.