Press Release

DBRS Morningstar Notes GMP Capital Inc.’s Name Change to RF Capital Group Inc.

Non-Bank Financial Institutions
December 14, 2020

DBRS Limited (DBRS Morningstar) notes that, effective November 24, 2020, GMP Capital Inc. (rated Pfd-4 (high) with an Under Review with Developing Implications status by DBRS Morningstar) changed its name to RF Capital Group Inc.

ESG CONSIDERATIONS
A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework and its methodologies can be found at: https://www.dbrsmorningstar.com/research/357792.

Notes:
The principal methodology is the Global Methodology for Rating Banks and Banking Organisations (June 8, 2020), which can be found on dbrsmorningstar.com under Methodologies & Criteria.

For more information regarding rating methodologies and Coronavirus Disease (COVID-19), please see the following DBRS Morningstar press release: https://www.dbrsmorningstar.com/research/357883.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS Morningstar had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

Generally, the conditions that lead to the assignment of a Negative or Positive trend are resolved within a 12-month period. DBRS Morningstar’s outlooks and ratings are under regular surveillance.

For more information on this credit or on this industry, visit www.dbrsmorningstar.com.

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