MILIT-AIR Inc.: Rating Report
InfrastructureSummary
DBRS Limited (DBRS) confirmed the ratings on both the Amortizing Secured Bonds Series 1 and Amortizing Secured Bonds Series 2-1 (collectively, the Amortizing Bonds) issued by MILIT-AIR Inc. (MILIT-AIR or the Company) at AAA with Stable trends. MILIT-AIR is a not-for-profit corporation formed for the sole purpose of acquiring and making infrastructure assets (the Amortizing Bonds Assets) in support of the NATO Flying Training in Canada (NFTC) program available to a subsidiary of CAE Inc. (with the subsidiary herein referred to as CAE).
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