Credit Rating Report

Morguard Corporation: Credit Rating Report

Real Estate

Summary

On April 17, 2025, DBRS Limited (Morningstar DBRS) confirmed the Issuer Rating and Senior Unsecured Debentures rating of Morguard Corporation at BB (high) and changed the trends to Positive from Stable. In addition, Morningstar DBRS changed the recovery rating of the Senior Unsecured Debentures to RR2 from RR3.

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