DBRS gives OPB Finance debt AA (high)

DBRS said it assigned a provisional rating of AA (high) with a stable trend to the proposed series F debentures to be issued by OPB Finance Trust.

The trust is a special-purpose entity and principal financing vehicle of the Ontario Pension Board (OPB).

The debentures are unconditionally and irrevocably guaranteed by OPB and rank pari passu with all other present and future unsecured and unsubordinated obligations of the trust, DBRS said.

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