DBRS Assigns BBB Rating, Stable Trend, to Bell Aliant Regional Communications, Limited Partnership’s $150 Million Senior Unsecured Debt Issuance

DBRS has today assigned a rating of BBB with a Stable trend to Bell Aliant Regional Communications, Limited Partnership’s $150 million floating rate Notes issuance, due April 22, 2016. The net proceeds from the issuance of the Notes are intended to be used to reduce existing indebtedness and for general corporate purposes.

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

The applicable methodology is Rating the Companies in the Communications Industry (July 2013), which can be found on our website under Methodologies.