Rating Report
Morguard Corporation: Rating Report
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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.