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WKN: 862398 / ISIN: HK0001000014

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09.05.2014 10:19:00

APT Pipelines Limited -- Moody's: APA's rating unaffected by Cheung Kong's bid for Envestra

Sydney, May 09, 2014 -- Moody's Investors Service says the Baa2 ratings of APT Pipelines Ltd -- the financing vehicle of the gas infrastructure entity APA Group -- will not be immediately affected by Envestra Limited's (Baa2 stable) announcement of an off-market takeover proposal by a consortium that includes members of the Cheung Kong Group (unrated) to purchase all of Envestra's shares.

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