DBRS confirms Manitoba at A

DBRS said it confirmed the issuer rating and long- and short-term debt ratings of the Province of Manitoba at A (high) and R-1 (middle), respectively.

The trends remain stable.

DBRS also confirmed the long- and short-term obligations ratings of the Manitoba Hydro-Electric Board (Manitoba Hydro) at A (high) and R-1 (middle), respectively, also with stable trends.

DBRS said the confirmation is supported by Manitoba's resilient and diversified economy, improving budget results and stable debt burden.

© 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.