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Prospect News home > News index > List of issuers B > Headlines for Bruce Power LP > News item
Published on 3/28/2023 in the Prospect News Agency DailyProspect News Canadian Bonds Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

DBRS assigns BBB to Bruce notes

DBRS said it assigned BBB ratings to Bruce Power LP’s C$300 million of 4.7% senior unsecured notes due Dec. 21, 2027, and C$300 million of 4.99% senior unsecured notes due Dec. 21, 2032.

The ratings are based on an already-outstanding series of the above-mentioned debt instruments, the agency said.

Bruce is expected to use the proceeds to pay down debt and for general corporate purposes.

The trend is stable.


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