DBRS has announced that it:
has today discontinued the Issuer Rating and Preferred Shares rating for Innergex Renewable Energy Inc. (the Company). DBRS notes that this action is unrelated to the credit profile of the Company.
…
This is an unsolicited rating. This rating was not initiated at the request of the issuer or rated entity and did not include participation by the issuer or any related third party.
DBRS had downgraded the preferreds to Pfd-4(high) in March, 2013.
Innergex has two issues outstanding, INE.PR.A, a FixedReset 5.00%+279 that commenced trading in September 2010 and INE.PR.C, a Straight Perpetual, 5.75%, that commenced trading in December 2012.
The two issues continue to be rated P-3 by S&P.
This entry was posted on Friday, October 10th, 2014 at 6:48 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed.
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DBRS Withdraws Rating on INE
DBRS has announced that it:
DBRS had downgraded the preferreds to Pfd-4(high) in March, 2013.
Innergex has two issues outstanding, INE.PR.A, a FixedReset 5.00%+279 that commenced trading in September 2010 and INE.PR.C, a Straight Perpetual, 5.75%, that commenced trading in December 2012.
The two issues continue to be rated P-3 by S&P.
This entry was posted on Friday, October 10th, 2014 at 6:48 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.