Presale Report

Laurentian Bank of Canada (Legislative Covered Bond Programme) - Series CBL1: Presale Report

Covered Bonds

Summary

DBRS Limited (DBRS Morningstar) assigned a provisional rating of AAA to the Covered Bonds, Series CBL1 to be issued under the Laurentian Bank of Canada (LBC) Legislative Covered Bond Programme (the Programme). All covered bonds issued and to be issued under the Programme (the Covered Bonds) rank pari passu with each other.