DBRS rates CPPIB Capital notes AAA

DBRS said it assigned a provisional rating of AAA, with a stable trend, to the proposed dollar-denominated series 2 fixed-rate notes to be issued by CPPIB Capital Inc.

CPPIB Capital is a wholly owned subsidiary and principal funding vehicle of the Canada Pension Plan Investment Board (CPPIB).

The series 2 notes are unconditionally and irrevocably guaranteed by CPPIB and rank pari passu with all other present and future unsecured and unsubordinated debt of CPPIB Capital.

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