Plenary Health Hamilton LP: Rating Report

DBRS Limited (DBRS) confirmed the rating of “A” with a Stable
trend on the $255 million Long Term Senior Bonds (the Long
Term Bonds) of Plenary Health Hamilton LP (ProjectCo).
ProjectCo is the special-purpose entity (SPE) created to design,
build, finance and maintain a new 305-bed mental health facility
(the Project) under a 33-year public-private partnership (PPP)
with St. Joseph’s Healthcare Hamilton (SJHH or the Hospital).