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DBRS rates Epcor notes A(low)
DBRS said it rated Epcor Utilities Inc.’s C$450 million of 4.725% medium-term notes maturing on Sept. 2, 2052, A(low).
The rating is based on an already outstanding MTN, DBRS said.
Epcor will use the proceeds for general corporate purposes, including the repayment of indebtedness, financing its capital expenditure program, and working capital requirements.
The trend is stable.
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