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S&P: Semco Energy unaffected
Standard & Poor's said Monday that Semco Energy Inc.'s (BB-/stable/--) announced settlement with Atlas Pipeline Partners LP does not affect its ratings on Semco Energy.
The settlement calls for Semco Energy to make a one-time payment of $5.5 million to Atlas and is considered to have a minimal affect on the company's liquidity position and current ratings.
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