12:54 PM EDT, 05/30/2024 (MT Newswires) -- Morningstar DBRS on Thursday confirmed Imperial Oil's ( IMO ) issuer rating at "AA (low)" and Commercial Paper credit rating at "R-1 (middle)," both with stable trends.
The rating agency has withdrawn the credit rating on the unsecured debentures at the request of the company.
The confirmations and stable trends reflect the agency's view that no material changes to Imperial's credit fundamentals are expected in the near term.
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