DBRS Morningstar Discontinues Ratings on Enercare Solutions Inc.
ConsumersDBRS Limited (DBRS Morningstar) discontinued its Senior Notes rating of BBB (low) on Enercare Solutions Inc. (ESI or the Company) as the Company fully repaid the Senior Notes on December 16, 2019. Concurrently, DBRS Morningstar discontinued and withdrew ESI’s Issuer Rating at the Company’s request since ESI will no longer have any public securities outstanding.
Notes:
The principal methodologies are Rating Companies in the Services Industry (February 2019) and DBRS Criteria: Guarantees and Other Forms of Support (January 2019), which can be found on dbrs.com under Methodologies & Criteria.
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 under Related Documents or by contacting us at info@dbrs.com.
The rated entity or its related entities did participate in the rating process for this rating action. DBRS Morningstar had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.
For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.
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