TEXT-Fitch rates Williams Partners notes 'BBB-'
Posted on August 10, 2012 at 14:10 PM EDT
Aug 10 - Fitch Ratings has assigned a 'BBB-' rating to Williams Partners L.P.'s (WPZ) $750 million 3.35% senior notes due 2022 (senior notes). Senior note proceeds will be used to repay short-term debt and for general partnership purposes. The Rating Outlook is Positive. Key Rating Factors: WPZ's rating reflects the scale and scope of its operations, the predictability of cash flow generated by its pipelines and fee-based midstream operations, and its conservative financial practices. Also cons
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