DBRS Morningstar Discontinues Ratings of Express Pipeline Limited Partnership & Express Pipeline LLC

DBRS Limited (DBRS Morningstar) discontinued Express Pipeline Limited Partnership & Express Pipeline LLC’s (collectively, Express) Senior Secured Notes due 2020 as they were fully repaid on January 15, 2020. Concurrently, at the request of Express, DBRS Morningstar has discontinued and withdrawn Express’s Issuer Rating as Express will no longer issue any public securities.

Notes:
The principal methodologies are Rating Companies in the Pipeline and Diversified Energy Industry, DBRS Criteria: Guarantees and Other Forms of Support, and DBRS Morningstar Criteria: Rating Corporate Holding Companies and Parent/Subsidiary Rating Relationships, 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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