Credit Rating Report

SNC-Lavalin Innisfree McGill Finance Inc.: Rating Report

Infrastructure

Summary

On December 14, 2021, DBRS Limited (DBRS Morningstar) assigned a rating of A (low) with a Stable trend to the new Series B Senior Amortizing Bonds issued by SNC-Lavalin Innisfree McGill Finance Inc. DBRS Morningstar also confirmed the Issuer Rating and the Series A Senior Amortizing Bonds rating of SNC-Lavalin Innisfree McGill Finance Inc., the financing vehicle unconditionally guaranteed by McGill Healthcare Infrastructure Group, G.P. (ProjectCo) and its General Partners, at A (low) with Stable trends.

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