Press Release

DBRS Finalizes Arrow Lakes Power Corporation Series B Bonds at A (high)

Project Finance
April 05, 2011

DBRS has today finalized its rating of A (high) with a Stable trend on Arrow Lakes Power Corporation’s issue of 5.516% $350 million Series B Bonds (the Bonds) due April 5, 2041. DBRS assigned a provisional rating of A (high) with a Stable trend to the Bonds on March 21, 2011 (see related news release).

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

The applicable methodology is Rating Project Finance, which can be found on our website under Methodologies.

Ratings

Arrow Lakes Power Corporation
  • Date Issued:Apr 5, 2011
  • Rating Action:Provis.-Final
  • Ratings:A (high)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.