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Published on 5/26/2015 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

S&P: Western Gas notes BBB-

Standard & Poor’s said it assigned a BBB- rating to Western Gas Partners LP’s proposed $500 million senior unsecured notes due 2025.

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

The company has a corporate credit rating of BBB- and its outlook is stable.


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