ASC.PR.A: DBRS Discontinues Rating

DBRS has announced that it:

has today discontinued its rating of the Preferred Shares issued by AIC Global Financial Split Corp. at the request of AIC Limited (the Promoter).

The NAV was 11.16 as of November 6 according to Manulife Financial.

ASC.PR.A was last mentioned on PrefBlog when it was upgraded to Pfd-5 by DBRS. ASC.PR.A is tracked by HIMIPref™ but is relegated to the Scraps subindex on credit concerns.

One Response to “ASC.PR.A: DBRS Discontinues Rating”

  1. […] was last mentioned on PrefBlog when DBRS withdrew its rating at the request of the manager. ASC.PR.A is tracked by HIMIPref™, but is relegated to the Scraps index on credit […]

Leave a Reply

You must be logged in to post a comment.