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Published on 8/5/2013 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

S&P assigns Western Gas notes BBB- rating

Standard & Poor's said it assigned its BBB- issue-level rating to Western Gas Partners LP's proposed $250 million senior unsecured notes due 2018.

The partnership intends to use net proceeds to repay amounts outstanding under its revolving credit facility.

S&P's corporate credit rating on Western Gas is BBB-, and the outlook is stable.


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