DBRS confirms Pembina Pipeline

DBRS said it confirmed the issuer rating and senior unsecured notes rating of Pembina Pipeline Corp. at BBB, and its preferred shares rating at Pfd-3.

The trend is stable.

The agency said the confirmations incorporate Pembina’s solid financial performance in 2017 and the continued improvement of its business risk profile.

“All credit metrics for 2017 remained strong for the current ratings,” DBRS said in a news release.

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