DBRS rates Hydro One notes A

DBRS said it has assigned a rating of A (high) with a stable trend to Hydro One Inc.’s issuance of C$350 million 4.17% medium-term notes, series 32, maturing June 6, 2044.

The agency said that the notes will rank pari passu with all other unsecured and unsubordinated indebtedness of Hydro One. Proceeds from the issue will be used for general corporate purposes.

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