October 10, 2023
VICTORIA, British Columbia — British Columbia Investment Management Corporation (BCI) received long-term credit ratings from global credit rating agencies:
|Moody’s Investors Service (Moody’s)||Aaa (stable)|
|S&P Global Ratings (S&P)||AAA (stable)|
|DBRS Limited (DBRS Morningstar)||AAA (stable)|
“BCI’s credit ratings reflect the strength of BCI’s diversified portfolio, our robust governance framework, and confidence in BCI’s investment management and operational capabilities,” said Daniel Garant, Executive Vice President & Global Head, Public Markets. “We are committed to maintaining a high-quality credit profile for investors in BCI’s debt program.”
BCI accesses debt markets to support the investment objectives of its clients, providing broader portfolio diversification and an improved risk-adjusted investment profile.
For additional information visit BCI’s Investor Relations site.
British Columbia Investment Management Corporation (BCI) is amongst the largest institutional investors in Canada with $233.0 billion in gross assets under management, as of March 31,2023. Based in Victoria, British Columbia, with offices in Vancouver, New York City, and London, U.K., BCI manages a portfolio of diversified public and private market investments on behalf of its 32 British Columbia public sector clients. With a global outlook, BCI integrates ESG factors in all investment decisions and activities that convert savings into productive capital to meet clients’ risk and return requirements over time. Founded in 1999, BCI is a statutory corporation created by the Public Sector Pension Plans Act.
For more information visit BCI.ca or LinkedIn
Olga Petrycki, Director, External Stakeholder Engagement
This media release is provided for information purposes only and does not constitute investment advice, nor does it constitute a recommendation or an offer or solicitation to buy or sell a security or class of security. The views and opinions expressed in this media release are those of BCI and do not necessarily represent the views of its clients or investee companies. The information in this media release is provided as of the date hereof. Contents copyright © BCI® 2023.