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.

This entry was posted on Wednesday, November 11th, 2009 at 7:09 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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

  1. ASC.PR.A to Seek Term Extension « PrefBlog says:
    December 17, 2010 at 8:41 pm

    […] 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 […]

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