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S&P ups, withdraws PVR; lifts Regency
Standard & Poor's said it raised its corporate credit rating on PVR Partners LP to BB and removed the rating from CreditWatch positive.
The agency subsequently withdrew PVR's corporate credit rating at the issuer's request.
Regency Energy Partners LP assumed PVR's debt following its acquisition of the company and S&P raised the rating to BB from B- and revised the recovery rating to 4 from 6.
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