Press Release

DBRS Discontinues Senior Secured Notes Rating of Noranda Operating Trust

Natural Resources
February 01, 2017

DBRS Limited (DBRS) has today discontinued its rating on Noranda Operating Trust’s Senior Secured Notes, which were repaid on December 28, 2016. The rating is being discontinued, as there are no longer any Notes outstanding.

Notes:
The principal methodologies are Rating Companies in the Mining Industry (September 2016) and Rating Companies in the Industrial Products Industry (April 2016), which can be found on dbrs.com under Methodologies.

Ratings

Noranda Operating Trust
  • Date Issued:Feb 1, 2017
  • Rating Action:Disc.-Repaid
  • Ratings:Discontinued
  • Trend:--
  • Rating Recovery:
  • Issued:CA
  • 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.