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Prospect News home > News index > List of issuers M > Headlines for Muskrat Falls/Labrador Transmission Assets Funding Trust > News item |
Moody's rates Muskrat Falls notes Aaa
Moody's Investors Service said it gave an Aaa rating to Muskrat Falls/Labrador Transmission Assets Funding Trust's C$1 billion of notes, based on the additional federal loan guarantee, which has been issued by the government of Canada.
The trust will use the proceeds to fund principal repayments of the trust’s tranche A and the MFLTA FLG2 bullet bonds until June 1, 2029.
The outlook is stable.
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