Credit Rating Report

Fair Hydro Trust, Series 2018-1: Rating Report

Other

Summary

DBRS Limited (DBRS) finalized its provisional ratings on the following notes issued by Fair Hydro Trust (the Trust):

-- 3.357% Senior Notes due May 15, 2033, Series 2018-1 (the 2018-1 Senior Notes) rated AAA (sf)
-- 3.637% Subordinated Notes due May 15, 2033, Series 2018-1 (the 2018-1 Subordinated Notes) rated AA (sf)
-- 3.957% Junior Subordinated Notes due May 15, 2033, Series 2018-1 (together with the 2018-1 Senior Notes and the 2018-1 Subordinated Notes, the 2018-1 Notes) rated A (sf)

Ratings

  • 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

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.