Trent University: Rating Report

On January 26, 2022, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Debentures rating of Trent University (Trent) at “A” with Stable trends. The ratings reflect Trent’s academic profile as a primarily undergraduate university in the Province of Ontario (rated AA (low) with a Stable trend by DBRS Morningstar), robust enrolment growth, and a low and declining debt burden.