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S&P ups, rates North West Redwater notes BBB+
S&P said it raised North West Redwater Partnership's senior secured debt to BBB+ assigned a BBB+ rating to the partnership’s planned senior secured bonds.
“We based the upgrade on imminent changes to the project structure that have strengthened the relationship between NWR and the province of Alberta (A/stable/A-1),” the agency said in a press release.
The outlook is stable.
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