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DBRS confirms Toronto Hydro
DBRS said it confirmed the rating of the senior unsecured debentures and medium-term notes and short-term issuer rating of Toronto Hydro Corp. at A (high) and R-1 (low), respectively.
The trends are both stable.
The rating confirmations reflect the continued stable earnings contribution from the issuer's regulated distribution business and its reasonable credit profile, the agency noted.
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