Rating Report

Morguard Corporation: Rating Report

Real Estate

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Summary

On April 26, 2022, DBRS Limited (DBRS Morningstar) downgraded the Issuer and Senior Unsecured Debentures ratings of Morguard Corporation (Morguard or the Company) to BB (high) and changed the trends to Stable. The recovery rating of the Senior Unsecured Debentures is RR4.

Available Documents

Morguard Corporation: Rating Report

May 13, 2022