Moody’s has issued a press release affirming their rating of “Aaa” for OMERS Administration Corporation, but attached a “negative” outlook to the rating (previously: “stable”). This negative
outlook is solely attributable to the “negative” outlook Moody’s assigned to the Province of Ontario yesterday. OMERS is rated two notches higher than the Province’s Aa2 rating.
Moody’s affirms Aaa rating of OMERS Administration Corporation; outlook changed to negative –
To read the article, click Moody’s Website (Agree to terms to view the site – you don’t have to register)