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S&P rates Western Midstream notes BBB-
S&P said it rated Western Midstream Operating LP’s planned senior unsecured notes BBB-.
The rating is the same as S&P’s ratings on Western Midstream’s outstanding senior unsecured notes. The last review on the issuer was on Feb. 7.
The partnership intends to use the proceeds to repay revolver borrowings and for general partnership purposes.
The outlook is stable.
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