Teranet Holdings LP: Rating Report
InfrastructureSummary
DBRS Limited (DBRS) confirmed the Senior Secured Debt of Teranet Holdings LP (Teranet or the Company) at BBB with a Stable trend. The rating continues to be supported by the Company’s monopoly position, healthy margins and low capital needs but is tempered by the recent softness in transaction volumes and high household debt.
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