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British Columbia Investment Management Corporation

CAD2 bil 3.25% nts ser 4 due 06/02/2031

--

02-Jun-2031

Local Currency LT

06-Jan-2026 16:40 EST

AAA

New

New

Octagon Investment Partners XVI Ltd.

US$1.078 bil Octagon Investment Partners XVI, Ltd / Octagon Investment Partners XVI, LLC

B-R

17-Jul-2030

Foreign Currency LT

06-Jan-2026 16:20 EST

AAA (sf)

AA+ (sf)

Revised

Octagon Investment Partners XVI Ltd.

US$1.078 bil Octagon Investment Partners XVI, Ltd / Octagon Investment Partners XVI, LLC

C-R

17-Jul-2030

Foreign Currency LT

06-Jan-2026 16:20 EST

AA+ (sf)

NM

A (sf)

Watch Pos

Revised

Octagon Investment Partners XVI Ltd.

US$1.078 bil Octagon Investment Partners XVI, Ltd / Octagon Investment Partners XVI, LLC

F-R

17-Jul-2030

Foreign Currency LT

06-Jan-2026 16:20 EST

CCC- (sf)

NM

B- (sf)

Watch Neg

Revised

Octagon Investment Partners XVI Ltd.

US$1.078 bil Octagon Investment Partners XVI, Ltd / Octagon Investment Partners XVI, LLC

E-R

17-Jul-2030

Foreign Currency LT

06-Jan-2026 16:20 EST

B- (sf)

NM

B+ (sf)

Watch Neg

Revised

--

Foreign Currency LT

06-Jan-2026 16:09 EST

NR

NR

BB-

Stable

Revised

--

Local Currency LT

06-Jan-2026 16:09 EST

NR

NR

BB-

Stable

Revised

Strathcona Resources Ltd.

US$500 mil 6.875% callable nts due 08/01/2026

--

01-Aug-2026

Recovery Rating

06-Jan-2026 16:09 EST

NR

3(65%)

Revised

Strathcona Resources Ltd.

US$500 mil 6.875% callable nts due 08/01/2026

--

01-Aug-2026

Foreign Currency LT

06-Jan-2026 16:09 EST

NR

BB-

Revised

Strathcona Resources Ltd.

US$500 mil 6.875% callable nts due 08/01/2026

--

01-Aug-2026

Recovery Rating

06-Jan-2026 16:09 EST

NR

3(65%)

Revised

Strathcona Resources Ltd.

US$500 mil 6.875% callable nts due 08/01/2026

--

01-Aug-2026

Foreign Currency LT

06-Jan-2026 16:09 EST

NR

BB-

Revised

Penske Truck Leasing Co. L.P.

US$500 mil 4.55% callable nts due 01/15/2031

--

15-Jan-2031

Local Currency LT

06-Jan-2026 16:02 EST

BBB

New

New

Whatcom County School District No.501 (Bellingham)

US$10. mil unltd tax GO bnds ser 2009 dtd 02/12/2009 due 12/01/2023-2026

2009

01-Dec-2026

Underlying Rating for Credit Program

06-Jan-2026 15:30 EST

NR

NR

A+

Stable

Revised

Whatcom County School District No.501 (Bellingham)

US$10. mil unlmtd Tax GO bnds ser 2008 dtd 12/22/2008 due 12/01/2009 2024-2026

2008

01-Dec-2026

Underlying Rating for Credit Program

06-Jan-2026 15:30 EST

NR

NR

A+

Stable

Revised

Whatcom County School District No.501 (Bellingham)

US$10. mil unltd tax GO bnds ser 2009 dtd 02/12/2009 due 12/01/2023-2026

2009

01-Dec-2026

Local Currency LT

06-Jan-2026 15:30 EST

NR

NR

AA+

Stable

Revised

Whatcom County School District No.501 (Bellingham)

US$10. mil unlmtd Tax GO bnds ser 2008 dtd 12/22/2008 due 12/01/2009 2024-2026

2008

01-Dec-2026

Local Currency LT

06-Jan-2026 15:30 EST

NR

NR

AA+

Stable

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2041

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2040

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2039

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2038

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2037

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2036

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2035

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2034

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

Grant County

US$7.475 mil GO rfdg bnds ser 2025 due 03/01/2041

2025

01-Mar-2033

Local Currency LT

06-Jan-2026 15:29 EST

AA

Stable

AA-

Negative

Revised

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