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Published on 11/19/2010 in the Prospect News Canadian Bonds Daily.

DBRS: FortisBC notes A (low)

DBRS said it assigned an A (low) rating with a stable trend to the C$100 million 5% medium-term notes, series 2, due 2050 issued by FortisBC Inc.

Proceeds will be used for general corporate purposes, including the repayment of existing debt and the financing of FortisBC's capital expenditure program and working capital requirements.


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