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DBRS confirms Societe de transport de Montreal
DBRS said it confirmed Societe de transport de Montreal's long-term debt rating at A (high) and commercial paper rating at R-1 (low). The trends remain stable.
The confirmation reflects the recent confirmation of the City of Montreal, the agency said. Along with the 15 other municipalities on the island of Montreal, the city fully guarantees all debt, obligations and commitments of Societe de transport de Montreal under the Public Transit Authorities Act.
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