Alberta plots more dollar visits, outlines CP plans

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By Craig McGlashan
20 Jul 2017

The Province of Alberta is planning another two dollar benchmarks during this calendar year, as it attempts to make up lost time after a surprise rating action by S&P earlier in the year. The sub-sovereign also revealed to GlobalCapital its issuance expectations for its new US commercial paper programme.

Alberta sold its first dollar benchmark of 2017 this week — which is available to score on GC BondMarker — but with a commitment to sell three or four dollar benchmarks a year it is somewhat behind schedule.

The slower pace was due to S&P downgrading it ...

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