Sydney, March 07, 2016 -- Moody's Investors Service says that the Baa2 ratings and outlook of APT Pipelines Ltd - the financing vehicle of the Australian Stock Exchange-listed gas infrastructure entity, APA Group (unrated) -- is unaffected following APA's announcement of an unconditional off-market takeover offer (Offer) for Ethane Pipeline Income Fund (EPX). APA currently owns 6.08% of EPX securities, and the Offer is for all the EPX securities that APA does not already own.
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