S&P changes UMH outlook to stable

S&P said it revised the outlook for UMH Energy Partnership’s senior secured debt to stable from negative and affirmed the BBB+ rating on the debt.

“The outlook change on UMH is based on the July 17, 2020, outlook revision on its parent, Ontario Power Generation Inc. (OPG). We link the rating on UMH’s debt to that of OPG through a cross-default provision,” S&P said in a press release.

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