Credit Rating Report

Muskrat Falls/Labrador Transmission Assets Funding Trust and Labrador-Island Link Funding Trust: Rating Report

Project Finance

Summary

On October 15, 2019, DBRS Limited (DBRS Morningstar) confirmed the AAA ratings with Stable trends on the 2013 and 2017 Guaranteed Senior Bonds (together, the Bonds), totalling $7.9 billion, issued by Muskrat Falls/Labrador Transmission Assets (MFA/LTA) Funding Trust and Labrador-Island Link (LIL) Funding Trust (together, the Issuers).

Ratings

Muskrat Falls/Labrador Transmission Assets Funding Trust and Labrador-Island Link Funding Trust
  • 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