DBRS Discontinues Rating on Desjardins Financial Corp.
DBRS is discontinuing the rating for Desjardins Financial Corporation as the preferred shares have been redeemed. In addition, as outlined in a recent press release issued by the Desjardins Group, the activities of Desjardins Financial Corporation are being reorganized and it is not expected that securities will be issued by this entity in the near future.
Ratings
| Issuer | Debt Rated | Rating Action | Rating | Trend | Notes | Published |
|---|---|---|---|---|---|---|
| Desjardins Financial Corporation | Non-Cumulative Class A Preferred Shares | Disc.-Repaid | Discontinued | -- | last rpt. 2003-02-13 | May 21, 2004 |