AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative On Lower Reliance On Parent - S&P Global Ratings’ Credit Research

AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative On Lower Reliance On Parent

AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative On Lower Reliance On Parent - S&P Global Ratings’ Credit Research
AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative On Lower Reliance On Parent
Published Jan 17, 2014
Published Jan 17, 2014
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

We are revising our outlook on AltaLink Investments L.P. (AILP) and subsidiary AltaLink L.P. (ALP) to stable from negative. We are also affirming our ratings on the companies, including our 'A-' long-term corporate credit rating (CCR) on ALP and 'BBB-' CCR on AILP. The outlook revision on the companies reflects our view that the dependence on ultimate parent SNC-Lavalin Inc. is diminishing because ALP's large capital program is winding down, and we expect financial metrics to be robust enough within our outlook period to withstand additional potential leverage should equity support from SNC not be forthcoming. TORONTO (Standard&Poor's) Jan. 17, 2014--Standard&Poor's Rating Services today said it revised its outlooks on Calgary, Alta.-based AltaLink Investments L.P. (AILP)

  
Report Type:

Ratings Action

Issuer
AltaLink Investments L.P.
GICS
Electric Utilities (55101010)
Sector
Global Issuers
Country
Canada
Region
Canada
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative On Lower Reliance On Parent" Jan 17, 2014. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/AltaLink-Investments-L-P-AltaLink-L-P-Outlook-Revised-To-Stable-From-Negative-On-Lower-Reliance-On-Parent-1245667>
  
APA:
S&P Global Ratings’ Credit Research. (). AltaLink Investments L.P., AltaLink L.P. Outlook Revised To Stable From Negative On Lower Reliance On Parent Jan 17, 2014. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/AltaLink-Investments-L-P-AltaLink-L-P-Outlook-Revised-To-Stable-From-Negative-On-Lower-Reliance-On-Parent-1245667>
  
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