Toronto Hydro Corporation

Corporate Finance:Utilities & Independent Power

Summary

Toronto Hydro Corporation is a holding company with the following subsidiaries: Toronto Hydro-Electric System Ltd., which distributes electricity, and Toronto Hydro Energy Services Inc., which provides street lighting and expressway lighting services, as well as energy-efficient products and services. Toronto Hydro’s sole shareholder is the City of Toronto (the City), rated AA by DBRS.

Debt Rated Action Rating Trend Date
Short-Term Issuer Rating Confirmed R-1 (low) Stb Jan 20, 2012
Senior Unsecured Debentures & MTNs Confirmed A (high) Stb Jan 20, 2012