Credit Rating Report

Ontario Teachers' Pension Plan Board and Ontario Teachers' Finance Trust : Rating Report

Pension Funds

Summary

DBRS Limited (Morningstar DBRS) confirmed the Issuer Rating of the Ontario Teachers’ Pension Plan Board at AAA. Morningstar DBRS also confirmed the ratings on Ontario Teachers’ Finance Trust’s Long-Term Notes, Canadian Short-Term Promissory Notes, and U.S. Commercial Paper Notes at AAA, R-1 (high), and R-1 (high), respectively. All trends remain Stable.

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