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  5. TOI: Hi Just trying to clear up some confusion on the rating of TOI. [Topicus.com Inc.]
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Q: Hi
Just trying to clear up some confusion on the rating of TOI. In your flash report you say you are maintaining your rating at A-, but in the reports you say you are upgrading to an A. So not really sure if its an upgrade or a maintaining and is it an A or an A-.
Could you clarify please?
Thanks
Jeff
Asked by JEFF on November 24, 2025
5i Research Answer:

The summary paragraph was incorrect. We have adjusted it and reposted. The call on the flash report is to MAINTAIN the current ratings. Although we like TOI’s recent numbers, we prefer to remain conservative on the ratings for now.