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Prospect News home > News index > List of issuers T > Headlines for Toromont Industries Ltd. > News item
Published on 5/31/2012 in the Prospect News Canadian Bonds Daily.

DBRS keeps Toromont at BBB (high)

DBRS said it confirmed the senior unsecured debentures rating of Toromont Industries Ltd. at BBB (high) with a stable trend.

DBRS said the rating reflects the company's strong financial profile, which has seen solid improvement in revenues and earnings year-over-year and a significant decline in debt levels with the conclusion of the spinoff of Toromont's compression business on June 1, 2011.


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