E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/7/2008 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P affirms MarkWest

Standard & Poor's said it affirmed its B+ corporate credit rating on MarkWest Energy Partners LP.

The outlook is stable.

The agency said that the rating on MarkWest reflects a weak business risk profile due to the company's commodity price sensitivity, small asset base, historically acquisitive growth strategy and large capital-spending plan.

Increasing geographic diversity and the stability garnered from the company's hedging program mitigate the aforementioned risks, S&P noted.


© 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.