12:42 PM EDT, 06/05/2024 (MT Newswires) -- Morningstar DBRS on Wednesday assigned a rating of "BB" with a stable trend to Capital Power's ( CPXWF ) $450 million 8.125% fixed-to-fixed rate subordinated notes, Series 2 due June 5, 2054.

Also, the rating agency placed the company's existing 7.95% fixed-to-fixed rate subordinated notes, Series 1 due Sept. 9, 2082, under review with developing implications.

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