Credit Ratings

Inter Pipeline has investment grade credit ratings.

Inter Pipeline has investment grade credit ratings by S&P and DBRS

Inter Pipeline Ltd. is corporately rated. Inter Pipeline (Corridor) Inc. is a wholly-owned subsidiary of Inter Pipeline Ltd. and is independently rated by S&P as well as DBRS. All debt associated with Corridor is non-recourse to Inter Pipeline Ltd., with all financing costs directly recoverable through the terms of the Corridor Firm Service Agreement (FSA).

Inter Pipeline LTD.

Corporate Rating
S&P: BBB-
DBRS: BBB (Low)

Outlook
S&P: Negative
DBRS: Stable

Inter Pipeline (Corridor) Inc.

Corporate Rating
S&P: BBB-
DBRS: A (Low)

Commercial Paper
S&P: N/A
DBRS: R-1 (Low)

Outlook
S&P: Stable
DBRS: Stable

For information on the specific rating scales used, please visit the individual rating agency’s website: