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Prospect News home > News index > List of issuers T > Headlines for Trans-Northern Pipelines Inc. > News item |
DBRS confirms Trans-Northern
DBRS said it confirmed the rating on the senior unsecured notes issued by Trans-Northern Pipelines Inc. at A (low).
The trend is stable.
The ratings reflect the primary term of long-term firm ship-or-pay contracts, providing sufficient revenue to meet principal and interest payments for the notes with the $40.5 million balance due in March 2015, DBRS said.
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