Moody’s changes Sunoco views to negative

Moody’s Investors Service said it changed legacy Sunoco Logistics Partners Operations LP’s and Sunoco, Inc.’s outlooks to negative from stable and affirmed their respective Baa3 senior unsecured debt ratings.

“The change in outlook to negative follows Moody’s change in Energy Transfer Operating, LP’s (ETO) outlook to negative and affirmation of its Baa3 senior unsecured rating on July 7, 2020,” the agency said in a press release.

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