DBRS Discontinues Rating on Pingston Power Inc.
Project FinanceDBRS Limited (DBRS) has today discontinued its rating on the Senior Secured Bonds Series 1 issued by Pingston Power Inc. due to the full repayment of the bonds, as follows.
-- Senior Secured Bonds Series 1, previously rated A (high), now Discontinued – Repaid
Notes:
The applicable methodology is Rating Project Finance, which can be found on our website under Methodologies.
The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
For more information on this credit or this industry, visit www.dbrs.com or contact us at info@dbrs.com.
Ratings
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.