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Published on 3/20/2012 in the Prospect News Canadian Bonds Daily and Prospect News High Yield Daily.

DBRS: Vermilion stays strong

DBRS said it updated its report on Vermilion Energy Inc., stating that Vermilion has continued to maintain its strong financial metrics while increasing its production volume favorably over the past five years.

For 2011, total debt-to-capital of 21.9% and debt-to-cash flow of 0.83 times provide strong support for the current rating category, the agency said.


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