11:42 AM EDT, 04/03/2024 (MT Newswires) -- DBRS on Wednesday assigned a credit rating of B (high) with a recovery rating of RR6 and a positive trend to Mattr Corp.'s ( MTTRF ) C$175 million 7.250% senior unsecured notes due 2031, which closed on April 2.

The credit rating assigned to this newly issued debt instrument is based on the credit rating of an already-outstanding debt series of the above-mentioned debt instrument, the rating agency said.

The company's shares were last seen down C$0.62 to C$17.22 on the Toronto Stock Exchange.

Price: 17.22, Change: -0.62, Percent Change: -3.48