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Moody's ups ATCO Gas Australia
Moody's Investors Service said it upgraded the issuer and senior unsecured ratings of ATCO Gas Australia LP to Baa2 from Baa3.
The outlook is stable.
"The ratings upgrade reflects Moody's view that ATCO Gas Australia has delivered successfully on its operational and financial targets, resulting in a credit profile which is appropriate for a Baa2 rating," Moody's analyst Mary Anne Low said in a news release.
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