S&PBULLETIN CORRECT: EPCO Acquisition Does Not Affect Enterprise Products Partners Rating - S&P Global Ratings’ Credit Research

S&PBULLETIN CORRECT: EPCO Acquisition Does Not Affect Enterprise Products Partners Rating

S&PBULLETIN CORRECT: EPCO Acquisition Does Not Affect Enterprise Products Partners Rating - S&P Global Ratings’ Credit Research
S&PBULLETIN CORRECT: EPCO Acquisition Does Not Affect Enterprise Products Partners Rating
Published Feb 24, 2005
Published Feb 24, 2005
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Abstract:

(Editor's note: In the bulletin published on Feb. 24, 2005, the rating on TEPPCO Partners L.P. was misstated. The rating on TEPPCO is 'BBB/Watch Neg'. A corrected version follows.) NEW YORK (Standard&Poor's) Feb. 24, 2005--Standard&Poor's Rating Services said today that the acquisition of the general partner of TEPPCO Partners L.P. (BBB/Watch Neg/--) by Enterprise Products Co. Inc. (EPCO) will not affect the ratings or outlook on Enterprise Products Partners L.P. (BB+/Positive/--). EPCO is the majority owner of Enterprise Products Partners' general partner. An existing nonconsolidation opinion is expected to safeguard the separateness between EPCO, Enterprise Products GP LLC, Enterprise Products Partners' general partner, and Enterprise Products Partners. Standard&Poor's assessment also relies on representations by

  
Report Type:

Bulletin

Ticker
EPD
Issuer
GICS
Oil & Gas Storage & Transportation (10102040)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "S&PBULLETIN CORRECT: EPCO Acquisition Does Not Affect Enterprise Products Partners Rating" Feb 24, 2005. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PBULLETIN-CORRECT-EPCO-Acquisition-Does-Not-Affect-Enterprise-Products-Partners-Rating-424908>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PBULLETIN CORRECT: EPCO Acquisition Does Not Affect Enterprise Products Partners Rating Feb 24, 2005. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PBULLETIN-CORRECT-EPCO-Acquisition-Does-Not-Affect-Enterprise-Products-Partners-Rating-424908>
  
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