Rating Report
Shawcor Ltd.: Rating Report
IndustrialsSummary
DBRS Limited (DBRS Morningstar) finalized its provisional rating of B (high), Stable, with a recovery rating of RR5 on Shawcor Ltd.’s (Shawcor) Senior Unsecured Notes. Shawcor announced the issuance of the Senior Unsecured Notes on December 2, 2021, on terms and conditions consistent with the documentation previously provided to DBRS Morningstar.
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Raja Kalra
Vice President, Diversified Industries - Global Corporates
+1 416 597 7452
raja.kalra@morningstar.com- Tim O'Brien
Managing Director - North American Financial Institution Ratings
+(1) 416 597 7364
timothy.obrien@morningstar.com - Ravikanth Rai
Senior Vice President, Sector Lead - Corporate Ratings, Energy & Natural Resources
+(1) 416 597 7388
ravikanth.rai@morningstar.com - Charles Halam-Andres
Managing Director, Diversified Industries - Global Corporates
+1 416 597 7449
charles.halam-andres@morningstar.com