DBRS: Hydro One notes A (high)

DBRS said it assigned a rating of A (high) with a stable trend to Hydro One Inc.'s proposed issuance of C$235 million 3.79% medium-term notes due July 31, 2062.

This is a re-opening of Hydro One's 3.79% medium-term notes offering that closed in July, DBRS said.

The notes will rank pari passu with all of Hydro One's other unsubordinated and unsecured indebtedness, the agency said.

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