Press Release

DBRS Discontinues Rating on Pingston Power Inc.

Project Finance
February 11, 2015

DBRS 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

Pingston Power Inc.
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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.