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Bird Construction Gets Inaugural Investment Grade Credit Rating

BY MT Newswires | CORPORATE | 08:07 AM EDT

08:07 AM EDT, 05/21/2026 (MT Newswires) -- Bird Construction (BIRDF) announced Thursday that Morningstar DBRS has assigned the company an investment-grade Issuer Rating of BBB (low) with a Stable trend.

"In assigning the rating, Morningstar DBRS highlighted Bird's solid Canadian market position and diversified sector expertise across Industrial, Buildings, and Infrastructure, supported by high self-perform capabilities, disciplined project selection and risk management, and conservative financial policies. Morningstar DBRS also noted Bird's strong financial risk profile," a statement noted.

This inaugural investment-grade credit rating represents an important milestone for Bird and "reflects the strength of our diversified operating model, disciplined financial management, and unwavering focus on risk management", said Teri McKibbon, President and CEO.

Bird added it expects an investment-grade rating will enhance access to domestic and international capital markets and support competitive and flexible financing options, while reinforcing the company's commitment to maintaining a conservative balance sheet.

Shares in Bird fell $1.08 or 1.8% at $57.60 yesterday.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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