Report
EUR 153.14 For Business Accounts Only

Moody's Downgrades Enbridge Income Fund to Baa3, Outlook Remains Negative

Rating Action: Moody's Downgrades Enbridge Income Fund to Baa3, Outlook Remains Negative. Global Credit Research- 19 Oct 2017. Approximately C $2 billion of debt affected.
Underlying
Enbridge Income Fund Holdings Inc.

Enbridge Income Fund Holdings is a holdings company. Co.'s business is limited to ownership of its interest in Enbridge Income Fund (the Fund). The Fund has three segments: Green Power, Liquids Transportation and Storage and Alliance Canada. Green Power includes assets that produce electricity from renewable and alternative energy sources. Liquids Transportation and Storage serves customers in Western Canada and North Dakota and includes the Saskatchewan System which transports crude oil and natural gas liquids. Alliance Canada consists of the Alliance System's natural gas mainline pipeline beginning near Gordondale, Alberta and connecting to Alliance U.S. at the Canada/U.S. border.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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