Credit Rating Report

Northwestern Hydro Acquisition Co III LP: Rating Report

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Summary

On March 21, 2023, DBRS Limited (DBRS Morningstar) downgraded Northwestern Hydro Acquisition Co III LP’s Issuer Rating, Senior Secured Bonds - Series 2038-1 rating, and Senior Secured Bonds - Series 2038-2 rating to BBB (high) while maintaining the Negative trends.

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