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DBRS gives Keyera notes BB
DBRS said it assigned a provisional rating of BB (high) to the C$350 million fixed-to-fixed rate subordinated notes series 2021-A due March 2081 to be issued by Keyera Corp.
The rating is based upon the rating on already-outstanding subordinated notes, DBRS said.
Keyera plans to use the proceeds to refinance debt under its revolving credit facility, fund capital projects and other general corporate purposes.
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