Concordia University: Rating Report

DBRS Limited (DBRS) confirmed the Issuer Rating and Senior Unsecured Debt rating of Concordia University (Concordia or the University) at “A.” Both trends are Stable. The ratings reflect Concordia’s academic profile, the high level of support and control exercised by the Province of Québec (Québec or the Province; rated A (high) with a Stable trend by DBRS) in post-secondary education and the University’s responsiveness to budget challenges.