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DBRS assigns PSP Capital notes AAA
DBRS said it assigned a rating of AAA with a stable trend to PSP Capital Inc.’s series 14 medium-term notes.
The rating assigned is based upon the rating given to PSP Capital’s medium-term notes, the agency said.
The C$1 billion notes have a coupon rate of 1.5% with a maturity date of March 15, 2028. PSP Capital is a wholly owned subsidiary of the Public Sector Pension Investment Board, which will guarantee the notes.
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