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DBRS assigns AAA to PSP notes
DBRS said it gave an AAA rating to PSP Capital Inc.’s $1 billion of 1.625% senior notes due 2028.
The rating is based upon the rating assigned to PSP Capital’s medium-term notes, DBRS said.
PSP Capital is a wholly owned subsidiary and the principal financing vehicle of the Public Sector Pension Investment Board. The notes are guaranteed by the PSPIB.
The trend is stable.
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