New CHUM team ‘outlook unchanged’

Moody’s has revealed that a planned change in the project company for Phase 2 of the Centre Hospitalier de l'Université de Montréal (CHUM) would not affect its outlook.

The ratings agency maintained that the Baa2 senior secured rating and negative outlook of project company Collectif Santé Montreal would remain unchanged, despite plans to let Pomerleau take over Phase 2 of the project instead of a Laing O' Rourke and OHL joint venture.

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