Credit Ratings
Enbridge Inc.
| Security | Standard & Poors | Moody's | DBRS | Fitch |
|---|---|---|---|---|
| Outlook | Stable | Stable |
Stable |
Stable |
| Senior Unsecured Debt | BBB+ | Baa2 | A (Low) | BBB+ |
| Preferred Shares | P-2 (Low)1 | Ba1 | Pfd-2 (Low) | BBB- |
| Commercial Paper | A-1 (Low)2 | - | R-1 (Low) | F2 |
- Reflects Canadian Scale. Rated BBB- on global scale.
- Reflects Canadian Scale. Rated A-2 on global scale for US program.
- Moody's ratings applies only to Series A, B, D, and F.
Enbridge Pipelines Inc.
| Security | Standard & Poors | Moody's | DBRS |
|---|---|---|---|
| Outlook | Stable | - | Stable |
| Unsecured Debentures & MTNs | BBB+ | - | A |
| Commercial Paper | A -1 (Low) | - | R-1 (Low) |
Enbridge Gas Ohio (formerly The East Ohio Gas Company)
| Security | Standard & Poors | Moody's | DBRS | Fitch |
|---|---|---|---|---|
| Outlook | Stable | Negative | - | Stable |
| Issuer Rating | BBB+ | A2 | - | BBB+ |
Enbridge Gas Ontario (Enbridge Gas Inc.)
| Security | Standard & Poors | DBRS |
|---|---|---|
| Outlook | Stable | Stable |
| Issuer Rating | A- | A |
| Senior Unsecured Notes | A- | A |
| Commercial Paper | A-1 (Low) | R-1 (Low) |
Enbridge Gas Utah (formerly Questar Gas Company)
| Security | Standard & Poors | Moody's | DBRS | Fitch |
|---|---|---|---|---|
| Outlook | Stable | Stable | - | Stable |
| Issuer Rating | BBB+ | Baa1 | - | A- |
Enbridge Energy Partners
| Security | Standard & Poors | Moody's | DBRS | Fitch |
|---|---|---|---|---|
| Outlook | Stable | Stable |
Stable |
- |
| Senior Unsecured Debt (MLP) | BBB+ | Baa2 | A (low) | - |
| Senior Unsecured Debt (OLP) | BBB+ | Baa2 | - | - |
Spectra Energy Partners, LP
| Security | Standard & Poors | Moody's | DBRS | Fitch |
|---|---|---|---|---|
| Outlook | Stable | Stable | - | - |
| Senior Unsecured | BBB+ | Baa2 | - | - |
Westcoast Energy Inc.
| Security | Standard & Poors | Moody's | DBRS | Fitch |
|---|---|---|---|---|
| Outlook | Stable | - | Stable | - |
| Senior Unsecured | BBB+ | - | A (Low) | - |
| Preferred Shares | P-2 (Low) | - | - | - |
For more information on the specific rating scales used, please visit the individual agency's website. A link to each agency is provided in the above headers.
