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Prospect News home > News index > List of issuers N > Headlines for NUI Corp. > News item
Published on 11/30/2004 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's ups NUI debt, affirms AGL Resources

Moody's Investors Service said it affirmed the debt ratings of AGL Resources Inc. (prospective Baa1 senior unsecured) and its supported subsidiaries and their negative outlooks.

Moody's also upgraded NUI Utilities, Inc.'s rated and supported senior unsecured debt obligations to Baa1 from B1 and changed the outlook to negative from developing.

Moody's said these rating actions anticipate today's closing of the stock purchase of NUI Corp. by AGL.


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