Summary: Standard & Poor’s Ratings Services recently assigned the senior unsecured debt of Muskrat Falls/Labrador Transmission Assets Funding Trust and the Labrador-Island Link Funding Trust its preliminary ‘AAA’ rating. In this CreditMatters TV video, Standard & Poor’s credit analyst Stephen Goltz explains that the guarantee from the Government of Canada led to the highest rating possible for the debt, which is funding parts of the Lower Churchill Project.
