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DCP Midstream Partners boasts success in capital markets raising $6 billion of debt and equity
By Lisa Kerner
Charlotte, N.C., Oct. 7 – DCP Midstream Partners, LP is “keenly focused” on maintaining its investment-grade ratings and strong liquidity levels, chief financial officer Sean O’Brien said during the company’s investor and analyst day conference on Tuesday.
The company has raised more than $6 billion in the capital markets in the past four years, including $2 billion in the debt markets, $3 billion in equity and a $1.25 billion credit facility that was “proactively renewed” earlier in the year, according to O’Brien.
The unit of DCP Midstream LLC is a Denver-based joint venture between Spectra Energy and ConocoPhillips.
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