APA Group (ASX:APA) welcomes the announcement by Moody’s Ratings (Moody’s) that it has affirmed APA’s Baa2 (stable) long-term credit rating and has modified APA’s Baa2 rating downside FFO/Debt1 threshold from 8% to 7%.
Moody’s noted the stable outlook reflects the quality and cash flow visibility of APA’s energy infrastructure assets.