On April 26, 2022, DBRS Limited (DBRS Morningstar) downgraded the Issuer and Senior Unsecured Debentures ratings of Morguard Corporation (Morguard or the Company) to BB (high) and changed the trends to Stable. The recovery rating of the Senior Unsecured Debentures is RR4.
DBRS Morningstar published the commentary titled, “A Decade of Reaching for the Top Floor: Assessing the Advancement of Women in Canadian Real Estate.” The commentary focuses on women’s representation at the board and executive levels of Canadian real estate entities. Some of the highlights include: -- As of 2021, women’s representation on corporate boards increased to 33% from a simple average of 6% in 2010. -- Over the same time period, the percentage of board committee positions held by wo...
On November 22, 2019, DBRS Limited (DBRS Morningstar) confirmed the Senior Unsecured Debentures rating of Morguard Corporation (Morguard or the Company) at BBB (low) with a Stable trend. Because DBRS Morningstar assesses Morguard’s credit risk profile on a non-consolidated basis and attributes material rating benefit to Morguard’s holdings in Morguard Real Estate Investment Trust (REIT; MRT) and Morguard North American Residential REIT (MRG; together with MRT, the REITs), DBRS Morningstar’...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.