...+ Avison Young (Canada) Inc. is a principal-owned and led full-service commercial real estate services firm based in Toronto, offering a wide range of real estate-related services. + We expect the company to raise approximately US$130 million senior secured notes. + We are assigning our 'B+' long-term issuer credit rating to Avison Young and our 'B+' rating to its proposed senior secured offering. + The stable outlook reflects our expectation that Avison Young will continue on its very strong and ambitious growth path, while maintaining current leverage levels (debt/adjusted EBITDA between 6x-7x). TORONTO (S&P Global Ratings) Dec. 5, 2016--S&P Global Ratings today said it assigned its 'B+' long-term issuer credit rating to Toronto-based Avison Young (Canada) Inc. The outlook is stable. At the same time, we assigned our 'B+' rating to the company's proposed senior secured issuance. The recovery rating on the notes is '4', indicating our expectation for average (30% to 50%, upper half of...
