DBRS confirms Lower Mattagami

DBRS said it confirmed Lower Mattagami Energy LP’s issuer rating and senior secured bonds rating at A (high) and the commercial paper rating at R-1 (low).

All trends are stable.

The agency said the confirmations reflect the issuer’s continuing stable and robust performance for 2017.

DBRS said the trends reflect an expectation that cash flow and credit metrics will remain stable over the next 12 months under a cost-of-service style contract.

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