DBRS Removes Rating Trend on Sixty Split Corp. Preferred Shares
Split Shares & FundsDBRS has today removed the trend on the rating of the Preferred Shares issued by Sixty Split Corp. (the Company). DBRS no longer assigns trends to preferred shares issued by split share corporations.
DBRS will continue to place Preferred Share ratings Under Review with Positive, Negative or Developing Implications when appropriate to indicate the potential for a rating change based on changes in the market value of a split share issuer’s portfolio. For further details, refer to DBRS’s split share methodology.
Notes:
The applicable methodology is Rating Canadian Split Share Companies and Trusts, which can be found on our website under Methodologies.
This is a Structured Finance rating.
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