Moody’s shifts Ancora (RCH) view to positive

Moody’s Investors Service said it changed the outlook of Ancora (RCH) Pty Ltd.’s ratings to positive from stable.

“The change in outlook to positive primarily reflects our expectation that the project will sustain its strong track record of stable operating performance, which underpins highly predictable cash flow generation and credit metrics,” said Nicholas Chapman, a Moody’s vice president and senior analyst, in a press release.

Moody’s said it affirmed Ancora (RCH)’s A3 senior secured and Baa2 senior subordinate ratings.

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