We are assigning our 'BBB' issue rating to Home Capital Group Inc.'s C$150 million senior unsecured notes; and our 'BBB' senior unsecured, 'BBB-' subordinated debt, 'BB+' global scale preferred stock, and 'P-3(High)' Canada scale preferred stock preliminary ratings to Home Capital Group's C$750 million universal shelf. We are affirming our 'BBB' long-term counterparty credit rating on Home Capital Group Inc. and our 'BBB+' long-term counterparty credit rating on Home Trust Co. The ratings reflect our opinion of the company's solid franchise, sustainable operating performance and asset quality, and very strong capital position. The outlook is stable, reflecting our expectations that the company will maintain its strong earnings profile, solid capital adequacy ratios, and prudent and conservative funding model. On April
