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S&P ups North West Redwater
S&P said it raised its rating on North West Redwater Partnership's senior secured debt to A- from BBB+.
“We based the upgrade on our recent upgrade of the province of Alberta (AA-/stable/A-1+) because we consider NWRP to be a government-related entity (GRE),” S&P said in a press release.
The outlook is stable.
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