Rating Report
Strait Crossing Development Inc.: Rating Report
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Summary
On November 28, 2022, DBRS Limited (DBRS Morningstar) changed the trend to Positive from Stable and confirmed the Issuer Rating on Strait Crossing Development Inc. at BB (high). DBRS Morningstar also confirmed the rating on the 6.17% Revenue Bonds at BBB (low) with a Stable trend, based on the unchanged recovery rating of RR1.