DBRS Releases Report on EnerCare Solutions Inc.
ConsumersDBRS has today released a report on EnerCare Solutions Inc. (the Company) that provides further detail on the recent confirmation of the Senior Notes rating of A (low), and the trend change to Negative from Stable. The trend change reflects DBRS’s concern that the continued challenging water heater rental market environment may cause the Company’s credit risk profile to deteriorate to a level that is no longer consistent with the current rating category.
Today’s report and the March 23, 2012, press release, are available at www.dbrs.com or by contacting us at info@dbrs.com.