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DBRS rates Lower Mattagami notes A (high)
DBRS said it finalized the rating of A (high) with a stable trend for Lower Mattagami Energy LP's issue of C$475 million of senior secured bonds. DBRS assigned a provisional rating of A (high) with a stable trend on May 2.
The issuance consists of C$225 million of 4.331% series 2011-3 bonds due May 18, 2021 and C$250 million of 5.139% series 2011-4 bonds due May 18, 2041.
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