DBRS rates PSP Capital notes AAA

DBRS said it assigned an AAA rating to the $1 billion of 1% senior notes due 2026 issued by PSP Capital Inc. PSP Capital is a wholly owned subsidiary and the principal financing vehicle of the Public Sector Pension Investment Board, which guarantees notes.

The rating is based upon the rating assigned to PSP Capital’s medium-term notes, the agency said.

The trend is stable.

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