Moody's: Regency Energy view to stable

Moody's Investors Service said it revised Regency Energy Partners LP's outlook to stable from negative. The agency also said it affirmed its corporate family rating at Ba3, probability of default rating at Ba3, speculative grade liquidity rating at SGL-3and senior unsecured notes rating at B1 (LGD 5, 80%, changed from 81%).

The affirmation and outlook change reflect Regency's success in completing its Haynesville expansion project under budget and reasonably close to its scheduled completion date, Moody's said.

The outlook also reflects the company's track record in issuing equity, the agency said, and management's commitment to issuing additional equity.

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