Partners, LP (RGP):
--Initial Issuer Default Rating (IDR) 'BB';
--Senior unsecured notes 'BB';
--Revolving credit facility 'BB+';
--Series A Preferreds 'B+'.
A full list of ratings appears at the end of this release. The rating Outlook is
Stable.
The ratings reflect the fixed fee nature of RGP's operations, the quality and
diversity of its portfolio of midstream assets, relatively high leverage, weak
distributio
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