Report
Blanca Cabrera ...
  • Neeraj Mehra
  • Victor Leung

Strait Crossing Development Inc.: Rating Report

DBRS Limited (DBRS Morningstar) confirmed Strait Crossing Development Inc.’s (SCDI or the Company) Issuer Rating and its 6.17% Revenue Bonds (the Revenue Bonds) rating at BBB (low) with Negative trends. The Negative trends were assigned on May 20, 2020, as a result of the expected Coronavirus Disease (COVID-19)-related impact on the Confederation Bridge (the Bridge) traffic volumes.
Underlying
Strait Crossing Development Inc.

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Blanca Cabrera

Neeraj Mehra

Victor Leung

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