Chinook Roads Partnership's 'A' Senior Secured Debt Rating Affirmed, Removed From CreditWatch - S&P Global Ratings’ Credit Research

Chinook Roads Partnership's 'A' Senior Secured Debt Rating Affirmed, Removed From CreditWatch

Chinook Roads Partnership's 'A' Senior Secured Debt Rating Affirmed, Removed From CreditWatch - S&P Global Ratings’ Credit Research
Chinook Roads Partnership's 'A' Senior Secured Debt Rating Affirmed, Removed From CreditWatch
Published Dec 13, 2013
Published Dec 13, 2013
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Abstract:

We are affirming our 'A' issue-level rating on Chinook Roads Partnership's senior secured debt. We are removing the rating from CreditWatch, where it was placed with negative implications Nov. 18, 2013, in conjunction with our revised project finance construction methodology. The rating action primarily reflects our decision not to apply our revised project finance construction methodology to the debt, given that Chinook has since completed construction and entered operations on Nov. 21, 2013, with what we consider to be minor remaining work deficiencies. The stable outlook reflects our expectation that the project's operational performance will evolve in line with the output specifications in the project agreement, with minimal deductions. TORONTO (Standard&Poor's) Dec. 13, 2013--Standard&Poor's Ratings Services

  
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MLA:
S&P Global Ratings’ Credit Research. "Chinook Roads Partnership's 'A' Senior Secured Debt Rating Affirmed, Removed From CreditWatch" Dec 13, 2013. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Chinook-Roads-Partnership-s-A-Senior-Secured-Debt-Rating-Affirmed-Removed-From-CreditWatch-1227649>
  
APA:
S&P Global Ratings’ Credit Research. (). Chinook Roads Partnership's 'A' Senior Secured Debt Rating Affirmed, Removed From CreditWatch Dec 13, 2013. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Chinook-Roads-Partnership-s-A-Senior-Secured-Debt-Rating-Affirmed-Removed-From-CreditWatch-1227649>
  
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