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DBRS rates Lower Mattagami bonds A
DBRS said it rated Lower Mattagami Energy LP’ C$250 million of 4.854% senior secured bonds, series 2022-1 due on Oct. 31, 2033, A(low). Lower Mattagami LP will guarantee the bonds.
The rating is based on an already outstanding bond, DBRS said.
The partnership will use the proceeds to finance or refinance new and/or existing eligible projects as defined in Ontario Power Generation’s green bond framework.
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