DBRS Assigns Rating of BBB (high) to Inter Pipeline Fund’s New Medium Term Note Program

DBRS has today assigned a rating of BBB (high) with a Stable trend to Inter Pipeline Fund’s (IPF’s) new Unsecured Medium Term Notes (MTNs) issuance program. Previously, DBRS had an Issuer Rating of BBB (high) with a Stable trend on IPF, which has been concurrently discontinued.

The rating actions reflect the filing by IPF of a prospectus supplement dated January 19, 2011, to a $1.5 billion short form base shelf prospectus dated November 30, 2010. Effectively, DBRS has replaced the previous Issuer Rating with the new MTNs rating.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The applicable methodology is Rating North American Energy Utilities (Electric, Natural Gas and Pipelines), which can be found on our website under Methodologies.