DBRS rates PSP Capital MTNs AAA

DBRS said it assigned a rating of AAA with a stable trend to the series 13 medium-term notes issued by PSP Capital Inc.

The C$1.5 billion notes have a coupon rate of 0.9% and a maturity date of June 15, 2026.

PSP Capital is a wholly owned subsidiary and the principal financing vehicle of the Public Sector Pension Investment Board, which guarantees the notes.

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