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Published on 11/7/2017 in the Prospect News Canadian Bonds Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

DBRS gives Keyera BBB

DBRS said it assigned a BBB issuer rating to Keyera Corp. with a stable trend.

“The assigned rating reflects Keyera’s solid business risk profile and strong (albeit modestly weaker than the 2013–2015 period) financial performance in the 12 months ended June 30,” the agency said in a news release.

DBRS said the performance was achieved in light of a high capital expenditure period, and that all credit metrics for the last 12 months ended June were solidly supportive of the assigned rating.


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