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Prospect News home > News index > List of issuers C > Headlines for Columbia Pipeline Group, Inc. > News item |
Fitch affirms Columbia Pipeline
Fitch Ratings said it affirmed the BBB+ long-term issuer default rating and senior unsecured rating for Columbia Pipeline Group, Inc.
The outlook is stable.
Columbia Pipeline is owned by TransCanada Corp. (A-/stable).
“CPG is rated by viewing its standalone credit profile. CPG's rating is supported by a well-positioned pipeline network and multi-year take-or-pay contracts that will provide steady cash flows,” Fitch said in a news release.
“Concerns include CPG's large construction projects.”
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