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Published on 11/14/2022 in the Prospect News Agency DailyProspect News Canadian Bonds Daily, Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

DBRS gives BBB to Brookfield notes

DBRS said it assigned a BBB (high) rating to Brookfield Renewable Partners ULC’s C$400 million of medium-term notes. The MTNs are guaranteed by Brookfield Renewable Partners LP, Brookfield Renewable Energy LP, Brookfield BRP Holdings (Canada) Inc., BRP Bermuda Holdings I Ltd., Brookfield BRP Europe Holdings (Bermuda) Ltd., Brookfield Renewable Investments Ltd., and BEP Subco Inc.

The BBB (high) rating is based on an already-outstanding debt series of MTNs, DBRS said.

The trend is stable.


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