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Fitch affirms Williams
Fitch Ratings said it has affirmed the issuer default ratings and outstanding debt ratings for the Williams Cos., Inc. and its two debt issuing pipeline company subsidiaries Transcontinental Gas Pipe Line Corp. and Northwest Pipeline GP.
The outlook is stable.
Affected ratings include Williams' issuer default rating at BBB-, senior unsecured at BBB- and junior subordinated convertible debentures at BB; Transcontinental Gas Pipe's issuer default rating at BBB and senior unsecured at BBB; and Northwest Pipeline's issuer default rating at BBB and senior unsecured at BBB.
According to Fitch, the company's ratings consider the strong operating performance from its core exploration and production, pipeline and natural gas midstream operations and an improving credit profile.
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