DBRS 11:24 AM EDT, 05/02/2022 (MT Newswires) -- DBRS on Monday confirmed Transcontinental Inc.'s (TCL-A.TO) issuer rating and senior unsecured debt rating at BBB (low).
All trends are stable.
The confirmation reflects the company's expected improving organic growth in 2022, despite rising resin cost pressures in the near term.
The company's shares fell 0.3% on last look on Monday.
Transcontinental, operating as TC Transcontinental, is a Montreal-based packaging, commercial printing, and specialty media company.
Price: 16.04, Change: -0.04, Percent Change: -0.25