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Fitch affirms WGL, Washington Gas Light
Fitch Ratings said it affirmed the issuer default ratings of WGL Holdings, Inc. and Washington Gas Light Co. at A+.
The outlook for both entities is stable.
The ratings primarily reflect the stable and predictable cash flows of Washington Gas Light, a regulated gas distribution utility subsidiary, and low leverage at both the consolidated company and the utility, where all the consolidated long-term senior unsecured debt resides, Fitch said.
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