Credit Rating

Disclaimer


In August 2005, Canadian Hydro Developers, Inc. received a credit rating of BBB with at Stable trend from Dominion Bond Rating Service (DBRS).

Click here to view DBRS' March 9, 2007 credit rating report on Canadian Hydro Developers, Inc.

Click here to view DBRS' December 14, 2007 press release confirming Canadian Hydro Developers, Inc's credit rating.

Information on Credit Ratings

Credit ratings are intended to provide investors with an independent measure of the credit quality of an issue of securities. This website references ratings as provided by DBRS. These ratings are not a recommendation to buy, sell or hold securities of Canadian Hydro Developers, Inc. There can be no assurance that a rating will remain in effect for any given period of time or that the rating will not be revised or withdrawn entirely in the future by the rating agency.

DBRS rates debt instruments with ratings ranging from “AAA”, which represent the highest quality of securities, to “D”, which represent securities that are in payment default. Long-term debt rated “AA” is of superior credit quality, and protection of interest and principal is considered high. Long-term debt rated “A” is of satisfactory credit quality. Protection of interest and principal is still substantial, but the degree of strength is less than that of “AA” rated entities. Debt instruments that are rated in the “BBB” category by DBRS are of adequate credit quality. Protection of interest and principal is considered acceptable, but the entity is fairly susceptible to adverse changes in financial and economic conditions, or there may be other adverse conditions present which reduce the strength of the entity and its rated securities. A DBRS rating may be modified by the addition of a “(high)” or “(low)” to indicate the relative standing within a particular rating category. The absence of either a “(high)” or “(low)” designation indicates that the rating is in the “middle” of the category.

 

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