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25.04.2016 21:10:00
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ATB Financial -- Moody's Downgrades Alberta's Rating to Aa1, Maintains Negative Outlook
Toronto, April 25, 2016 -- Moody's Investors Service has today downgraded the Province of Alberta's long-term debt ratings to Aa1 from Aaa and its senior unsecured shelf and MTN program ratings to (P)Aa1 from (P)Aaa. At the same time, Moody´s downgraded the long-term debt ratings of Alberta Capital Finance Authority (ACFA) and the issuer ratings of ATB Financial (ATB) to Aa1 from Aaa, reflecting their status as agents of the Crown and the provincial guarantee of all their liabilities. The outlook on all ratings is negative.
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