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S&P Global Ratings Upgrades AMP's Issuer Credit Rating to 'BBB+', Outlook Stable

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AMP (ASX:AMP) said S&P Global Ratings upgraded its issuer credit rating on AMP "BBB+" from "BBB" and affirmed the outlook at stable, according to a Wednesday Australian bourse filing.

The issuer credit rating on AMP Bank was affirmed at "BBB+" and the outlook was changed to negative from stable.

Its shares fell 1% in recent trading on Wednesday.

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