DBRS Discontinues Issuer Rating of Vermilion Energy Inc.
EnergyDBRS Limited (DBRS) has today discontinued the Issuer Rating of Vermilion Energy Inc. (the Company). The rating is being discontinued at the request of the Company. Previously, the Issuer Rating was BB (low) with a Negative Trend. DBRS discontinued the Company’s Unsecured Notes rating on February 11, 2016, reflecting full repayment of the notes on February 10, 2016. DBRS notes that today’s discontinuation is unrelated to the credit risk profile of the Company.
Notes:
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.
The applicable methodology is Rating Companies in the Oil and Gas Industry (September 2015) which can be found on our website under Methodologies.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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