Health Montreal Collective Limited Partnership/Collectif Sante Montreal S.E.C.: Rating Report

DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating of Health Montréal Collective Limited Partnership/Collectif Montréal Santé S.E.C. (ProjectCo) and the rating of ProjectCo's $1,371 million Senior Secured Bonds at BBB (low). All trends remain Negative. ProjectCo is the special-purpose vehicle created to design, build, finance, and maintain a new 772-bed healthcare facility under a 38.8-year public-private partnership with the Centre Hospitalier de l’Université de Montréal under the Project Agreement.