Strait Crossing Development Inc.: Rating Report

DBRS Limited (DBRS Morningstar) confirmed Strait Crossing Development Inc.’s (SCDI or the Company) Issuer Rating and its 6.17% Revenue Bonds (the Revenue Bonds) rating at BBB (low) with Negative trends. The Negative trends were assigned on May 20, 2020, as a result of the expected Coronavirus Disease (COVID-19)-related impact on the Confederation Bridge (the Bridge) traffic volumes.