Credit Rating Report

Morguard Corporation: Rating Report

Real Estate

Summary

On April 18, 2024, DBRS Limited (Morningstar DBRS) confirmed the Issuer Rating and Senior Unsecured Debentures rating of Morguard Corporation at BB (high) with Stable trends. In addition, Morningstar DBRS revised the recovery rating of the Senior Unsecured Debentures to RR3 from RR4.

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