Newfoundland and Labrador Hydro: Rating Report

DBRS Limited (DBRS) updated its report on Newfoundland and Labrador Hydro (Hydro or the Company). The ratings assigned to the Company’s Guaranteed Long-Term Debt and Guaranteed Short-Term Debt are a flow-through of the ratings of the Province of Newfoundland and Labrador (the Province; rated A (low) and R-1 (low) with Stable trends by DBRS; see DBRS’s press release on the Province dated August 23, 2018).