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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Second_Titan who wrote (73347)	9/13/2000 7:38:20 PM
From: Richard Saunders	Read Replies (1) \| Respond to of 95453

AOG move. Possibly debt rating confirmed? Wednesday September 13, 5:51 pm Eastern Time DBRS assigns A rating to Alberta Energy issue (UPDATE: U.S. dollars unless noted) TORONTO, Sept. 13 (Reuters) - Dominion Bond Rating Service on Wednesday assigned a low A rating to $500 million worth of debt issued by Alberta Energy Co. Ltd. (Toronto:AEC.TO - news). Calgary-based Alberta Energy, one of North America's largest oil and gas exploration and production companies, issued $200 million of 10-year unsecured notes with a 7.65 percent coupon and $300 million worth of 30-year unsecured notes with an 8.125 percent coupon on Tuesday. Proceeds from the notes, which mature on September 15, 2010, and September 15, 2030, will be used to repay debt and finance acquisitions. Dominion Bond said the rating trend was stable. ($1 equals $1.48 Canadian)