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Published on 9/27/2023 in the Prospect News Bank Loan Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch rates Western Midstream notes BBB-

Fitch Ratings said it rated Western Midstream Operating, LP's senior notes BBB-.

The agency affirmed Western’s BBB- ratings on Aug. 18.

The proceeds will be used to fund a portion of the purchase price for the acquisition of Meritage Midstream Services II, LLC and the rest will be allocated towards general corporate purposes.

The outlook is stable.


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