Fitch rates NiSource notes BBB

Fitch Ratings said it assigned a BBB rating to NiSource Finance Corp.'s $500 million 6.80 % notes due 2019 and $200 million 6.15% notes due 2013.

The 6.15% notes due 2013 are issued under a reopened series that was originally issued in 2003, the agency said, adding that NiSource has an issuer default rating of BBB.

Fitch noted that the BBB rating and stable outlook reflect the low business risk and stable operating performance generated by NiSource's geographically diverse mix of regulated operations.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.