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S&P ratings update
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01 March 2019
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AMP Limited notes today’s announcement by Standard & Poor’s (S&P) that it has lowered its ratings on AMP by one notch. AMP Limited’s rating has moved from A to A-.

S&P has also replaced the Negative Outlook on AMP’s ratings with CreditWatch Negative.

The changes are not material to the operations of AMP Limited.

AMP continues to have a strong balance sheet and capital position, with its Level 3 eligible capital above minimum regulatory requirements of A$1.65 billion at 31 December 2018.

 

Standard & Poor’s1

Moody’s

AMP Limited

A-

-

AMP Group Holdings Limited/ AMP Group Finance Services Limited

A-2

A23

AMP Bank Limited

 A-2

A22

AMP Life Limited

 A

A24


1
CreditWatch Negative

2 Short-term rating is A-2

3 Review for downgrade

4 Negative Outlook

Contact details
Lachlan Johnston
+61 466 026 702
lachlan_johnston@amp.com.au
Contact details
Catherine Woods
+61 (0) 477 320 333
Catherine_Woods@amp.com.au