|
|
Article: Fitch Affirms Williams Companies & Subsidiaries; Outlook Stable.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and outstanding debt ratings for The Williams Companies, Inc. (WMB) and its two debt issuing pipeline company subsidiaries Transcontinental Gas Pipe Line Corp. (TGPL) and Northwest Pipeline GP (NWP), as listed below. The Rating Outlook is Stable. Approximately $7.28 billion of outstanding long-term debt is affected.
The Williams Companies, Inc. (WMB)
--IDR at 'BBB-';
--Senior unsecured at 'BBB-';
--Junior subordinated convertible debentures at 'BB'.
Transcontinental Gas Pipe Line Corp. (TGPL)
--IDR at 'BBB';