S&P affirms WGL

Standard & Poor's said it affirmed its AA- long-term and A-1 short-term corporate credit ratings on WGL Holdings Inc., and its primary subsidiary, Washington Gas Light Co., following its annual review of the company.

The outlook is stable.

The agency said that the ratings on WGL reflect the consolidated credit profile of the company's regulated and unregulated operating units, noting that these units include Washington Gas, a regulated natural gas distribution utility that delivers to customers in Washington, D.C., Maryland and Virginia.

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