...+ Oklahoma-based crude pipeline Glass Mountain Pipeline LLC's affiliate Glass Mountain Pipeline Holdings LLC is issuing a $300 million term loan B due 2024. Proceeds will be used to partially fund BlackRock's acquisition from SemGroup and NGL. + We are assigning our 'B' long-term corporate credit rating to Glass Mountain Pipeline. The outlook is stable. + We are also assigning our 'B' issue-level rating and '3' recovery rating to Glass Mountain Pipeline Holdings LLC's $300 million secured first-lien term loan due 2024. + The stable outlook reflects our view that throughput volumes will increase primarily due to the STACK expansion project backed by a long-term acreage dedication with Devon Energy Corp. (###/Stable). We expect debt to EBITDA to be 6.5x in 2018, stepping down to 4.7x in 2019. NEW YORK (S&P Global Ratings) Dec. 4, 2017--S&P Global Ratings said today it assigned its 'B' corporate credit rating to Glass Mountain Pipeline LLC. The outlook is stable. We also assigned our 'B' issue-level...
