Fitch affirms Kinder Morgan Energy

Fitch Ratings said it affirmed the outstanding ratings for Kinder Morgan Energy Partners, LP as follows: issuer default rating at BBB, senior unsecured debt BBB, short term issuer default rating F2 and short-term debt, commercial paper F2.

The outlook is stable.

The agency said that its ratings and stable outlook reflect the following characteristics: significant-scale and scope of operations, geographic and functional diversity of assets, a favorable track record in acquiring, expanding and operating energy assets, predictable earnings and cash flow generated from natural gas and refined products pipeline and bulk and liquids terminal operations and a financial and operating profile expected to remain consistent with its current rating.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.