Moody's downgrades American Transmission Company's issuer rating to A2; outlook stable
New York, December 09, 2016-- Moody's Investors Service downgraded American Transmission Company LLC's issuer rating to A2 from A1. The action concludes the review for downgrade that began on October 27, 2016 following the Federal Energy Regulatory Commission's order to lower authorized base returns on equity for transmission owners operating in the Midcontinent Independent System Operator, Inc. region. ATC's commercial paper rating, which was not previously under...
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