Women’s College Partnership: Rating Report
On September 24, 2020, DBRS Limited (DBRS Morningstar) confirmed Women’s College Partnership’s (ProjectCo) Issuer Rating and the rating on the $207.3 million Senior Secured Bonds (the Bonds) at “A” with Stable trends. ProjectCo is the special-purpose entity (SPE) created for the design, construction, financing, maintenance, and rehabilitation of Women’s College Hospital (the Project) in Toronto under a Project Agreement (PA) with Women’s College Hospital (WCH or the Hospital) for a term of 30 years from scheduled interim completion.
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