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Published on 6/12/2020 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

DBRS ups 407 East Development

DBRS said it upgraded 407 East Development Group’s issuer rating and long-term senior bonds rating to A (low) from BBB (high).

“The rating upgrade is a reflection of the successful achievement of final completion and the sound operating performance demonstrated since substantial completion,” DBRS said in a press release.

The trend is stable.


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