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DBRS alters Omers trends to stable
DBRS said it changed the trends for Omers Realty Corp.'s trend to stable from negative and confirmed its AA(low) issuer and senior unsecured notes ratings.
The stable trend reflects the expectation that Omers will maintain its financial risk profile improvement and refinance its debt maturities in 2023 and 2024.
Omers has C$400 million of notes due in September and C$550 million of debt due in February 2024.
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