Press Release

DBRS Morningstar Discontinues Ratings on Cory Cogeneration Funding Corporation

Project Finance
December 05, 2019

DBRS Limited (DBRS Morningstar) discontinued and withdrew its Issuer Rating of BBB (high) with a Stable trend on Cory Cogeneration Funding Corporation (Cory Cogeneration). DBRS Morningstar also discontinued its ratings of BBB (high) with Stable trends on Cory Cogeneration’s 7.586% Senior Secured Project Bonds, Series A and 7.601% Senior Secured Project Bonds, Series B as they were fully repaid as of November 8, 2019, in the amount of approximately $71.3 million.

Notes:
All figures are in Canadian dollars unless otherwise noted.

The principal methodology is Rating Project Finance, which can be found on dbrs.com under Methodologies & Criteria.

The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link under Related Documents or by contacting us at [email protected].

The rated entity or its related entities did participate in the rating process for this rating action. DBRS Morningstar had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at [email protected].

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Toronto, ON M5H 3M7 Canada

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