We are assigning our 'BBB' long-term corporate credit rating on Fortis TCI Ltd. The rating reflects what we assess to be a "satisfactory" business risk profile and "significant" financial risk profile. We have applied a one-notch uplift to the company's stand-alone credit profile based on its "moderately strategic" relationship with its parent, Fortis Inc. The stable outlook reflects our assessment of the utility's stable and consistent cash flow. TORONTO (Standard&Poor's) Sept. 3, 2014--Standard&Poor's Ratings Services today said it assigned its 'BBB' long-term corporate credit rating to Fortis TCI Ltd. (FTCI). The outlook is stable. "The rating reflects what we view as the company's "satisfactory" business risk profile and "significant" financial risk profile," said Standard&Poor's
