Credit Rating Report

TransAlta Corporation: Rating Report

Utilities & Independent Power

Summary

DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Unsecured Debt/Medium-Term Notes rating of TransAlta Corporation (TAC) at BBB (low) and TAC’s Preferred Shares rating at Pfd-3 (low). The trends are Stable. The confirmations reflect TAC's (1) reasonable contractual profile, (2) low fuel risk and cost competitiveness, and (3) operational expertise.

Available Documents

TransAlta Corporation: Rating Report

Apr 04, 2023

Ratings

TransAlta Corporation
  • Date Issued:Mar 31, 2023
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 31, 2023
  • Rating Action:Confirmed
  • Ratings:BBB (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • Date Issued:Mar 31, 2023
  • Rating Action:Confirmed
  • Ratings:Pfd-3 (low)
  • Trend:Stb
  • Rating Recovery:
  • Issued:CA
  • 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

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