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Prospect News home > News index > List of issuers A > Headlines for AltaLink, LP > News item
Published on 2/19/2016 in the Prospect News Canadian Bonds Daily and Prospect News Investment Grade Daily.

S&P lifts AltaLink

Standard & Poor's said it raised its long-term corporate credit and senior unsecured debt ratings on AltaLink Investments LP (AILP) to A from BBB+.

At the same time, the agency raised its long-term corporate credit and senior secured ratings on operating subsidiary AltaLink LP to A from A-.

The outlook on both companies is stable.

"The rating actions solely reflect the upgrade to AILP parent Berkshire Hathaway Energy Co. and the application of our group rating methodology," S&P credit analyst Andrew Ng said in a news release.


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