E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/11/2009 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

DBRS: Enbridge outlook stable

DBRS said it confirmed Enbridge Energy Partners, LP's senior unsecured notes at BBB, junior subordinated notes at BB (high) and commercial paper at R-2 (middle) and changed the trend to stable from negative.

The trend was changed to negative in February 2009 based in part on the company's guidance for 2009. The agency said the trend change to stable reflects its belief that Enbridge is on track to maintain its full-year 2009 credit metrics at stronger levels than implied by the partnership's February 2009 guidance.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.