Credit Rating Report

TransAlta OCP LP: Rating Report

Project Finance

Summary

DBRS Limited (DBRS) finalized its provisional rating of BBB with a Stable trend on the $344.7 million Senior Secured Amortizing Bonds due August 5, 2030 (the Bonds), issued by TransAlta OCP LP (the Issuer), a special-purpose vehicle. TransAlta Corporation (TransAlta; rated BBB (low) with a Stable trend by DBRS) indirectly and wholly owns the Issuer through two subsidiaries: Keephills 3 Limited Partnership (K3LP) and TransAlta Generation Partnership (TGP), each a limited partner (LP) of the Issuer.

Available Documents

TransAlta OCP LP: Rating Report

Jul 20, 2018

Register for a free account to continue

This publication is exclusive to All Access members. Register for a 30-day free trial of an All Access account to unlock it. No credit card required.