MONTREAL, Feb. 19, 2020 /PRNewswire/ - Dollarama Inc.
(TSX: DOL) ("Dollarama" or the "Corporation") is pleased
to announce that it has been assigned (i) by Moody's Investors
Service a 'Baa2' long term issuer rating and a 'P-2' short term
rating, with a stable outlook, and (ii) by S&P Global
Ratings a 'BBB' issuer credit rating, with a stable outlook, and
an 'A‑2' short term issuer credit rating.
The Corporation and each outstanding issue of senior unsecured
notes in Canada are already rated
'BBB' by DBRS Limited, with a Stable trend.
A rating is not a recommendation to buy, sell or hold
investments, and may be subject to revision or withdrawal at any
time by the relevant rating agency.
About Dollarama
Dollarama is a recognized Canadian value retailer offering a
broad assortment of consumer products, general merchandise and
seasonal items both in-store and online. Our 1,271 locations across
Canada provide customers with
compelling value in convenient locations, including metropolitan
areas, mid-sized cities and small towns. Select products are also
available, by the full case only, through our online store at
www.dollarama.com. Our quality merchandise is sold at select, fixed
price points up to $4.00.
Dollarama also owns a 50.1% interest in Dollarcity, a growing
Latin American value retailer. Dollarcity offers a broad assortment
of consumable products, general merchandise and seasonal items at
select, fixed price points up to US$3.00 (or the equivalent in local currency)
through its 210 conveniently-located stores in Colombia, El
Salvador and Guatemala.
www.dollarama.com
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SOURCE Dollarama Inc.