DBRS Discontinues the Issuer Rating of Hydro One Brampton Networks Inc.
Utilities & Independent PowerDBRS Limited (DBRS) has today discontinued the Issuer Rating of Hydro One Brampton Networks Inc. (HOBNI or the Company). The rating is being discontinued at the request of the Company following the acquisition of HOBNI by Alectra Inc. on February 28, 2017. DBRS notes that the discontinuation of the rating is unrelated to the credit risk profile of the Company.
Notes:
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 to the right under Related Research or by contacting us at info@dbrs.com.
The principal methodology is Rating Companies in the Regulated Electric, Natural Gas and Water Utilities Industry, which can be found on www.dbrs.com under Methodologies.
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