Epstein Secrets

rincipal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions or subsection 73.3(1) of the Securities Act (Ontario). and are permitted clients, as defined in National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. Any

it for securities similar to the debentures. The rating agencies that currently publish a rating for us, including Moody's Investors Service, Inc., Standard & Poor's Ratings Services, a Standard & Poor's Financial Services LLC business, and A.M. Best Company, Inc., may, from time to time in the future, change the way they analyze

rincipal that are accredited investors, as defined in National Instrument 45.106 Prospectus Exemptions or subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31-103 Registration Requirements. Exemptions and Ongoing Registrant Obligations. Any

a whole. For example, in March 2015, Moody's Investors Service published its revised methodology for rating banks globally, and, in December 2015, Standard & Poor's Ratings Services ("M") removed the government support assumptions on the eight U.S. global systemically important banks, including us, which resulted in a one- notch

rincipal that are accredited investors, as defined in National Instrument 45-106 Prospectus Exemptions or subsection 73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument 31.103 Registration Requirements, Exemptions and Ongoing Registrant Obligations. Any

purchase price. The Series A Preferred Shares may not be rated and, if rated, their ratings could be lowered. We expect that Fitch Ratings Inc. and Standard & Poor's Ratings Services will assign ratings to the Series A Preferred Shares. Generally, rating agencies base their ratings on such material and information, and such of t