DBRS gives AAA to PSP notes

DBRS said it gave an AAA rating to PSP Capital Inc.’s C$1.25 billion of 4.15% senior notes due 2033.

The rating is based on the rating for PSP’s medium-term notes, the agency said.

PSP’s parent, the Public Sector Pension Investment Board, rated AAA, guarantees the notes.

The trend is stable.

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