DBRS Releases Report on Shaw Communications

DBRS has today released a report on Shaw Communications Inc. (Shaw or the Company) that supports the recent confirmation of its ratings at BBB and Pfd-3. The trends are Stable.

The confirmation reflects a manageable business risk profile that now includes both cable/satellite (distribution) and the Company’s recently acquired media operations (Shaw Media). The ratings are also underpinned by a financial risk profile that, after weakening to acquire the television assets of a restructured Canwest Global Communications Corp. in October 2010, ended F2011 as adequate and within DBRS’s expectations.

The full report providing additional analytical detail is available by clicking on the link under Related Research at the right of the screen or by contacting us at info@dbrs.com.