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Prospect News home > News index > List of issuers N > Headlines for NextEra Energy Partners, LP > News item
Published on 9/20/2019 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Green Finance Daily and Prospect News High Yield Daily.

Fitch rates NextEra Energy notes BB+

Fitch Ratings said it assigned a BB+ rating with an RR4 recovery rating to the $500 million 3 7/8% senior notes due 2026 offered by NextEra Energy Operating Partners, LP.

NextEra Operating is a subsidiary of NextEra Energy Partners, LP. Due to strong legal ties, both companies’ issuer default ratings are BB+, Fitch said.

The notes will be guaranteed by the parent.

Proceeds will be used for general partnership purposes.

The outlook is stable.


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