Standard&Poor's Ratings Services published its revised corporate ratings criteria on Nov. 19, 2013. We have revised our assessment of Wisconsin Gas LLC's financial risk profile to "intermediate" from "significant". We are raising our corporate credit and senior unsecured debt ratings on Wisconsin Gas to 'A' from 'A-' and raising the short-term debt rating to 'A-1' from 'A-2'. In addition, we are removing the ratings from CreditWatch, where we placed them with positive implications on Nov. 26, 2013, in conjunction with our criteria revision. The stable outlook reflects our baseline forecast that the company's consolidated adjusted funds to operations (FFO) to total debt will range between 15% and 23% and debt to EBITDA will be between 4.0x and 5.0x.
