DBRS Rates Antares Holdings LP $280 million of Senior Unsecured Notes at BBB (high), Trend Stable

DBRS, Inc. (DBRS) assigned a rating of BBB (high) to the $280.0 million 6.000% Senior Unsecured Notes due August 2023 (the Notes) issued by Antares Holdings LP (Antares or the Company). The trend on the Notes is Stable. The proceeds from the Notes will be included in the general funds of the Company and available for general business purposes. DBRS highlights that the Notes constitute the Company’s inaugural unsecured debt issuance as a standalone entity.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodologies are the Global Methodology for Rating Finance Companies (November 2017) and DBRS Criteria: Guarantees and Other Forms of Support (January 2018), which can be found on our website under Methodologies.

The primary sources of information used for this rating include company documents. DBRS considers the information available to it for the purposes of providing this rating was of satisfactory quality.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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