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Published on 2/13/2024 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS assigns BBB to Dream Summit notes

DBRS said it assigned a BBB credit rating to Dream Summit Industrial LP’s C$250 million of 5.111% series E senior unsecured debentures due Feb. 12, 2029.

The agency affirmed Dream’s BBB ratings on Feb. 2.

The partnership is expected to use the proceeds to repay indebtedness and for general partnership purposes.

The trend is stable.


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