Fitch revises Williams to negative

Fitch Ratings said it affirmed the ratings for Williams Partners LP and its affiliates, Northwest Pipeline LLC, and Transcontinental Gas Pipe Line Co., LLC, and the ratings for Williams Partners Finance Corp. and Williams Cos., Inc.

The outlooks were revised to negative from stable.

Fitch said the negative outlook was driven by its expectations that Williams Partners’ EBITDA will weaken to levels significantly below its previous base case expectations, due to a combination of very high volatility in NGLs pricing and additional delays in bringing the Geismar plant online.

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