DBRS Discontinues Rating of Arrow Lakes Power Corporation Series A Bonds

DBRS has today discontinued the rating of the Arrow Lakes Power Corporation (ALPC) 5.39% Series A Bonds due March 31, 2015, as the Series A Bonds were fully repaid on May 5, 2011.

The redemption was contemplated as part of a recent financing of ALPC and issue of ALPC’s 5.516% Series B Bonds, due April 5, 2041.

Note:
The applicable methodology is Rating Project Finance, which can be found on our website under Methodologies.