DBRS Confirms the Rating of AAA on the Guaranteed Senior Bonds of Maritime Link Financing Trust, Stable Trend
Project FinanceDBRS has today confirmed its rating of AAA with a Stable trend on the $1.3 billion Guaranteed Senior Bonds issue (the Bonds) of Maritime Link Financing Trust, the special-purpose trust established under the laws of Nova Scotia to finance construction of the Maritime Link Transmission Project. Maturing on December 1, 2052, the Bonds are unconditionally and irrevocably guaranteed by the Government of Canada (Canada; rated AAA with a Stable trend by DBRS).
Notes:
All figures are in Canadian dollars unless otherwise noted.
The related regulatory disclosures pursuant to the National Instrument 25-101 Designated Rating Organizations are hereby incorporated by reference and can be found by clicking on the link to the right under Related Research or by contacting us at info@dbrs.com.
The applicable methodology is DBRS Criteria: Guarantees and Other Forms of Explicit Support, which can be found on our website under Methodologies.
This rating is endorsed by DBRS Ratings Limited for use in the European Union.
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