Fitch rates Williams notes BBB-

Fitch Ratings said it assigned a BBB- rating to the Williams Cos., Inc.'s $600 million 8.75% notes due 2020.

The outlook is stable. 2009.

The rating reflects expectation that the company will generate near- and intermediate-term credit measures consistent with its BBB- rating and that its liquidity position will remain adequate, according to Fitch.

Assuming current profit and spending estimates, the company's 2009 consolidated debt-to-EBITDA ratio should be near 3x, the agency said.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.