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Published on 9/17/2021 in the Prospect News Bank Loan Daily.

S&P pulls Midcoast (East Texas) ratings

S&P said it withdrew its B issuer credit rating on Midcoast (East Texas) LLC.

The withdrawal follows Midcoast's announcement it will no longer pursue its planned $25 million revolving credit facility or $400 million term loan, the agency said.

The outlook on the company was stable.


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