S&P rates Questar Market notes BBB+

Standard & Poor's said it assigned a BBB+ issue credit rating to Questar Market Resources Inc.'s $450 million senior unsecured notes due 2018. The agency affirmed the BBB+ corporate credit rating.

The outlook is stable.

Supportive regulation, low gas-supply risk and minimal competitive pressures support Questar Gas' credit profile, the agency said.

The company is exposed to cyclical pressures of the oil and gas exploration and production sector, but its comprehensive hedging policies help offset the pressure, the agency said.

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