Fitch raises Aethon notes

Fitch Ratings said it raised Aethon United BR LP's senior unsecured notes to B+/RR3 from B/RR4.

“The upgrade of Aethon's senior unsecured notes reflects the benefit of Aethon's robust hedging program under a weaker gas price environment, as well as the companies' largely completed infrastructure projects in 2021,” Fitch said in a press release.

Concurrently, the agency affirmed Aethon’s B issuer rating.

The outlook is stable.

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