We are assigning our 'A' issue-level ratings to Chinook Roads Partnership's C$156.7 million senior secured bond due March 31, 2043. In part, the ratings reflect a strong rationale for the project, an experienced project team, and a well-defined project agreement. The stable outlook reflects our expectations that the construction work will be completed in accordance with specifications, on time, and within budget; and project performance during the life cycle period will in accordance with our expectations. On April 14, 2010, Standard&Poor's Ratings Services assigned its 'A' issue-level ratings to Chinook Roads Partnership's C$156.7 million, 7.134% senior secured bond due March 31, 2043. The outlook is stable. Chinook has entered a project agreement to design, build, finance, maintain, and
