Moody's downgrades DCP Midstream Operating LP to Ba2
New York, January 04, 2017-- Moody's Investors Service, downgraded DCP Midstream Operating LP's Corporate Family Rating to Ba2 from Ba1 and its senior unsecured debt ratings to Ba2 from Ba1. The ratings changes reflect the corporate reorganization effective 01 January 2017 that combined all of the assets and debt of DCP Midstream LLC into DPM. The ratings on DCP Midstream's debt, which was assumed by DPM as part of the reorganization, were affirmed at Ba2 for the senior unsecured...
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