Superior Plus LP: Rating Report

On October 26, 2020, DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating of Superior Plus LP (Superior Plus or the Company) at BB (high) and the Senior Unsecured Debentures rating at BB based on the unchanged recovery rating of RR5. Both trends are Stable. The rating confirmations reflect DBRS Morningstar’s expectation that Superior Plus’ leverage will remain at a level commensurate with the current ratings in the near term while the Company continues its strategy to execute tuck-in acquisitions.