DBRS Assigns Rating of BBB (high) to Liberty Utilities $225 Million Series A Senior Notes

DBRS has today assigned a rating of BBB (high), with a Stable trend, to the $225 million Series A Senior Notes issued by Liberty Utilities Finance GP 1 and guaranteed by Liberty Utilities Co. Proceeds from this private placement issue will be mostly used for the purchase of electric and gas utilities in the United States, which was announced last year. Any remaining balance will be for general corporate purposes.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The Series A Senior Notes are guaranteed by Liberty Utilities Co.

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