Windsor, University of: Rating Report

DBRS Limited (DBRS) confirmed the Issuer Rating and Senior Unsecured Debentures rating of the University of Windsor (UWindsor or the University) at “A” with Stable trends. The ratings reflect the University’s position as an important regional institution within the provincial network, prudent financial management practices and gradually improving enrolment outlook, despite a challenging operating environment and uncertainty about the direction of provincial policy. However, an outsized reliance on international students and on potentially at-risk differentiation funding present unique challenges to an institution of UWindsor’s size and academic profile.