Fitch lifts DCP

Fitch Ratings said it has upgraded DCP Midstream LLC's senior unsecured debt and issuer default rating to BBB+ from BBB.

In addition, Fitch said it has affirmed DCP's short-term issuer default rating at F2, which applies to its commercial paper program.

The outlook is stable.

According to the agency, the ratings upgrade reflects the continued strength of the company's credit metrics compared to its peer group and to Fitch's BBB parameters.

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