Moody's Affirms 'Baa2' Rating for APA Group

MT Newswires Live

04/14

APA Group (ASX:APA) has had its "Baa2" long-term credit rating affirmed by Moody's Ratings with a stable outlook, according to a Tuesday Australian bourse filing.

The agency highlighted the company's stable energy infrastructure assets and strong cash flow visibility, while modestly revising its downside funds-from-operations-to-debt threshold to 7% from 8%, the filing added.

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