DBRS rates PSP notes AAA

DBRS said it assigned a rating of AAA with a stable trend to the series 12 medium-term notes sold by PSP Capital Inc. The $750 million notes have a coupon rate of 2.05% and a maturity date of January 15, 2030. PSP Capital is a wholly owned subsidiary and the principal financing vehicle of the Public Sector Pension Investment Board. The notes are guaranteed by PSPIB and rank equally with all other unsubordinated obligations of PSP Capital.

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