Fitch affirms Williams

Fitch Ratings said it affirmed Williams Cos., Inc. and Williams Partners LP's issuer default and senior debt ratings at BBB- as well as Williams' BB junior subordinated convertible debentures rating.

The outlook is stable.

The ratings consider the stable and predictable cash flow generated from interstate pipeline and fee-based midstream operations, which limits the financial downside under adverse economic and commodity price conditions, Fitch said.

The debt-to-adjusted EBITDA ratio was 2.7 times for the 12 months ended Sept. 30.

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