- Language: English
- 480 Pages
- Published: February 2012
- Region: Global
Summary: Cadillac Fairview Finance Trust Jun 11
- Published: June 2011
- Standard & Poors
Standard & Poor's Ratings Services' issue-level ratings on Cadillac Fairview Finance Trust's (CFFT) series A,B, and C debentures reflect our view of the creditworthiness of the Ontario Teachers' Pension Plan Board (OTPP or the plan), which provides CFFT with an unconditional and irrevocable guarantee for the three series of debentures. The ratings also reflect our assessment of OTPP's role as manager of one of Canada's largest pension plans, as well as its very strong net asset position; independence from its sponsors; well-established and comprehensive enterprise risk management functions; and effective governance structure. The ratings also reflect the Ontario teachers' mandatory participation in the OTPP. OTPP results continued to improve in the past year. With total returns of 14.3% in 2010,...
Companies mentioned in this report are: Cadillac Fairview Finance Trust
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Cadillac Fairview Finance Trust