Research Update: Enterprise Products Partners L.P. - S&P Global Ratings’ Credit Research

Research Update: Enterprise Products Partners L.P.

Research Update: Enterprise Products Partners L.P. - S&P Global Ratings’ Credit Research
Research Update: Enterprise Products Partners L.P.
Published Jun 17, 2003
1284 words — Published Jun 17, 2003
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Abstract:

On June 17, 2003, Standard & Poor's Ratings Services affirmed its 'BBB' corporate credit rating on midstream energy company Enterprise Products Partners L.P., and removed the rating from CreditWatch with negative implications. The outlook is stable. The Houston, Texas based company has about $1.7 billion of debt. The ratings affirmation for Enterprise Products reflects the strides the firm has taken to strengthen its credit protection measures by issuing $700 million in common equity as permanent financing for its acquisitions of the Mid-America Pipeline Co. and the Seminole Pipeline Co. from the The Williams Cos. Inc. in 2002. In addition, the firm's ability to increase its cash flow diversity through greater integration of its natural gas liquids (NGL) business is also

  
Brief Excerpt:

RESEARCH Research Update: Enterprise Products Partners L.P. Publication date: 17-Jun-2003 Credit Rating: ###/Stable/-- Rationale On June 17, 2003, Standard & Poor's Ratings Services affirmed its '###' corporate credit rating on midstream...

  
Report Type:

Research Update

Issuer
Sector
Corporations, Electric, Gas, Global Issuers, Transportation, Utilities
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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Enterprise Products Partners L.P." Jun 17, 2003. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Enterprise-Products-Partners-L-P-318794>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Enterprise Products Partners L.P. Jun 17, 2003. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Enterprise-Products-Partners-L-P-318794>
  
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