Newfoundland and Labrador, Province of: Rating Report

On August 17, 2022, DBRS Limited (DBRS Morningstar) confirmed the Province of Newfoundland and Labrador’s Issuer Rating and Long-Term Debt rating at A (low) and Short-Term Debt rating at R-1 (low). Concurrently, DBRS Morningstar confirmed Newfoundland and Labrador Hydro’s Guaranteed Long-Term Debt at A (low) and Guaranteed Short-Term Debt at R-1 (low). The trends on all ratings are Stable.