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Published on 11/23/2011 in the Prospect News Canadian Bonds Daily and Prospect News High Yield Daily.

DBRS confirms Westcoast

DBRS said it confirmed Westcoast Energy Inc.'s unsecured debentures at A (low), first preferred shares at Pfd-2 and commercial-paper ratings at R-1 (low).

The trend is stable.

The company's business risk profile remains relatively strong, DBRS said.

The company is subject to earnings and cash flow volatility associated with exposure to commodity prices, fractionation spreads and throughput volumes, the agency said.


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