AMP 4.41% $1.09 amp limited

Moody’s places AMP’s ratings on review for downgrade

  1. 47 Posts.
    I thought AMP has some good news for the past few days.

    And yesterday I saw this:

    Reference:
    https://www.moodys.com/credit-ratings/AMP-Bank-Limited-credit-rating-600045234

    Sydney , March 2, 2021 -- Moody's Investors Service, ("Moody's") has today placed the ratings of AMP Group Holdings Limited, AMP Group Finance Services Limited and AMP Bank Limited on review for downgrade. This follows from the announcement in 26 February 2021, by AMP Limited ("AMP", not rated).

    Something I have missed ?

    Thank you in advance in any insights.
 
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