Credit Rating Report

Ontario Teachers' Pension Plan Board and Ontario Teachers' Finance Trust: Rating Report

Pension Funds

Summary

DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating of the Ontario Teachers’ Pension Plan Board at AAA. DBRS Morningstar also confirmed Ontario Teachers’ Finance Trust’s Long-Term Notes, Canadian Short-Term Promissory Notes, and U.S. Commercial Paper Notes ratings at AAA, R-1 (high), and R-1 (high), respectively. All trends remain Stable.

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