CSS (FSCC) Partnership: Rating Report

DBRS Limited (DBRS) confirmed the rating of BBB (high) with a Stable trend on the $190.3 million Senior Secured Bonds (the Bonds) of CSS (FSCC) Partnership (ProjectCo). ProjectCo is the special-purpose entity (SPE) created to design, build, finance and maintain a new approximately 665,000 square foot (sq. ft.) Forensics Services and Coroner’s Complex (the Project) under a 32.5-year public-private partnership (PPP) with Ontario Infrastructure and Lands Corporation (OILC; formerly known as Infrastructure Ontario (IO)).