{"id":2300,"date":"2016-03-22T18:59:00","date_gmt":"2016-03-22T18:59:00","guid":{"rendered":"https:\/\/portstrategy.nfdtesting.uk\/greenport-congress\/2016\/03\/22\/weak-market-prompts-abbott-point-downgrade\/"},"modified":"2016-03-22T18:59:00","modified_gmt":"2016-03-22T18:59:00","slug":"weak-market-prompts-abbott-point-downgrade","status":"publish","type":"post","link":"https:\/\/www.portstrategy.com\/greenport-congress\/news\/oceania\/weak-market-prompts-abbott-point-downgrade\/","title":{"rendered":"Weak market prompts Abbott Point downgrade"},"content":{"rendered":"<p>The ratings agency said that there is an increasing likelihood of material volatility in AAPT&#8217;s cash flows due to the weakened position of its customers.<\/p>\n<p>The ongoing severe pressure facing the coal sector means an increased likelihood of AAPT&#8217;s contracts either not being renewed or subject to early termination.<\/p>\n<p>Moody&#8217;s has taken a long-term view of the coal market and considers the weak conditions are likely to persist.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The weak global coal market has seen ratings agency Moodys Investor Service downgrade Adani Abbot Point Terminals outlook to negative, and its senior secured bank credit facility rating drop to Ba2 from Baa3.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23],"tags":[],"sponsor":[],"class_list":["post-2300","post","type-post","status-publish","format-standard","hentry","category-oceania"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/2300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/comments?post=2300"}],"version-history":[{"count":0,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/posts\/2300\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/media?parent=2300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/categories?post=2300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/tags?post=2300"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport-congress\/wp-json\/wp\/v2\/sponsor?post=2300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}