DBRS Discontinues Commercial Paper Rating of Westcoast Energy Inc.
EnergyDBRS Limited (DBRS) discontinued the Commercial Paper (CP) rating of Westcoast Energy Inc. (the Company). The rating is being discontinued at the request of the Company and follows the Company’s termination of its CP program on March 29, 2018. DBRS notes that the discontinuation of the rating is unrelated to the credit risk profile of the Company.
Notes:
The principal methodologies are Rating Companies in the Pipeline and Diversified Energy Industry; Rating Companies in the Regulated Electric, Natural Gas and Water Utilities Industry; DBRS Criteria: Commercial Paper Liquidity Support for Non-Bank Issuers; DBRS Criteria: Preferred Share and Hybrid Security Criteria for Corporate Issuers; and DBRS Criteria: Rating Corporate Holding Companies and Their Subsidiaries, which can be found on dbrs.com under methodologies.
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