DBRS Discontinues Rating on Express Pipeline Subordinated Secured Notes due 2019
EnergyDBRS Limited (DBRS) discontinued its rating on the Subordinated Secured Notes due 2019 (the Subordinated Notes) issued by Express Pipeline Limited Partnership & Express Pipeline LLC (collectively, Express). The rating is being discontinued due to the full repayment of the Subordinated Notes on December 31, 2017. DBRS notes that the discontinuation is unrelated to the credit risk profile of Express.
Notes:
The principal methodology is Rating Companies in the Pipeline and Diversified Energy Industry, which can be found on dbrs.com under Methodologies.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com
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