DBRS Finalizes Lower Mattagami Energy Limited Partnership (LMELP) Senior Secured Bonds at A (high), Stable Trend

DBRS has today finalized its rating of A (high) with a Stable trend for Lower Mattagami Energy Limited Partnership’s issue of $475 million in Senior Secured Bonds. DBRS assigned a provisional rating of A (high) with a Stable trend on May 2, 2011 (see related news release). The LMELP issuance consists of $225 million of 4.331% Series 2011-3 Senior Secured Bonds, due May 18, 2021, and $250 million of 5.139% Series 2011-4 Senior Secured Bonds, due May 18, 2041.

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

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