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S&P affirms PNG ratings
S&P said it affirmed its BBB+ issuer credit and issue-level ratings on PNG Cos. LLC after completing a criteria review.
The company was taken off under criteria observation following updated ratios and adjustments criteria published April 1, S&P said in a news release. But the ratings remain on CreditWatch, where they were placed with positive implications on Oct. 23, 2018.
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