Alberta plots more dollar visits, outlines CP plans
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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