01:05 PM EDT, 05/14/2024 (MT Newswires) -- Morningstar DBRS on Tuesday assigned a provisional credit rating of "B (high)" with a recovery rating of "RR4" and a positive trend to CES Energy Solutions' ( CESDF ) $200 million senior unsecured notes.

The recovery rating of "RR4" suggests a recovery of 30% to 60% in a default scenario for the senior notes, the rating agency said.

DBRS did not change the company's issuer rating of "B (high)" with a positive trend.

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