Mr. David Hung reports
SIENNA ANNOUNCES CONFIRMATION OF MORNINGSTAR DBRS CREDIT RATING
Sienna Senior Living Inc. has confirmed by Morningstar DBRS of the company's BBB issuer rating and ratings on its senior unsecured debentures, with trends remaining "stable."
"The confirmation of Sienna's BBB credit rating reflects the strength of our operating platform and balance sheet, and the consistent execution of our growth strategy," said Nitin Jain, president and chief executive officer. "During a period of compelling fundamentals for the Canadian senior living sector, maintaining an investment-grade rating allows us to access capital on attractive terms as we continue to scale our platform."
About Sienna Senior Living Inc.
Sienna Senior Living offers a full range of seniors' living options, including independent living, assisted living and memory care under its Aspira retirement brand, long-term care, and specialized programs and services. Sienna's approximately 15,500 employees are passionate about cultivating happiness in daily life.
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