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Brooklyn Union Gas Company, The: Update to credit analysis

Our credit view of this issuer reflects its improving regulatory support, constrained by its persistently weak cash flow-based credit metrics.

KeySpan Gas East Corporation: Update to credit analysis

Our credit view of this issuer reflects its improving regulatory support, offset by new York State's commitment to significantly reduce GHG emissions.

Brooklyn Union Gas Company, The: Update to credit analysis

Our credit view of this issuer reflects the low risk of its utility operations, mitigated by weak cash flow-based credit metrics that are depressed by a material investment program.

KeySpan Gas East Corporation: Update to credit analysis

Our credit view of this issuer reflects its track record of solid operational performance, against New York State's commitment to significantly reduce greenhouse gas emissions.

Brooklyn Union Gas Company, The: Update following downgrade to Baa2

Our credit view of KEDNY reflects the low business risk profile of its operations and our expectation that its credit metrics will remain weak under its new rate plan.

KeySpan Gas East Corporation: Update following downgrade to Baa1

Our credit view of KEDLI reflects the low business risk profile of its operations and the expected weakening of its credit metrics following the recent approval of its rate case settlement.

Moody's announces completion of a periodic review of ratings of Brookl...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Brooklyn Union Gas Company, The. Global Credit Research- 20 Sep 2021. London, 20 September 2021-- Moody's Investors Service has completed a periodic review of the ratings of Brooklyn Union Gas Company, The and other ratings that are associated with the same analytical unit.

Moody's announces completion of a periodic review of ratings of KeySpa...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of KeySpan Gas East Corporation. Global Credit Research- 20 Sep 2021. London, 20 September 2021-- Moody's Investors Service has completed a periodic review of the ratings of KeySpan Gas East Corporation and other ratings that are associated with the same analytical unit.

Moody's downgrades National Grid's two utilities in downstate New York...

Rating Action: Moody's downgrades National Grid's two utilities in downstate New York; outlook stable. Global Credit Research- 04 Jun 2021. London, 04 June 2021-- Moody's Investors Service has today downgraded the long-term issuer and senior unsecured ratings of KeySpan Gas East Corporation, to Baa1 from A3, and The Brooklyn Union Gas Company, to Baa2 from Baa1.

National Grid plc: Proposed rate case settlement in downstate New York...

After over two years since its major rate case filing, National Grid filed a joint proposal on 17 May with the state regulator. The delay highlights the difficult operating environment.

Brooklyn Union Gas Company, The: Update following downgrade to Baa1

Our credit view of Brooklyn Union Gas, reflecting its persistently weak credit metrics and our expectation of only a modest improvement in its next rate plan.

Moody's downgrades KEDNY to Baa1; stable outlook

Rating Action: Moody's downgrades KEDNY to Baa1; stable outlook. Global Credit Research- 10 Nov 2020. London, 10 November 2020-- Moody's Investors Service has today downgraded to Baa1 from A3 the long-term issuer and senior unsecured ratings of The Brooklyn Union Gas Company, a local gas distribution company operating in downstate New York and ultimately owned by National Grid plc.

Moody's announces completion of a periodic review of ratings of Brookl...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Brooklyn Union Gas Company, The. Global Credit Research- 12 Oct 2020. London, 12 October 2020-- Moody's Investors Service has completed a periodic review of the ratings of Brooklyn Union Gas Company, The and other ratings that are associated with the same analytical unit.

Moody's announces completion of a periodic review of ratings of KeySpa...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of KeySpan Gas East Corporation. Global Credit Research- 12 Oct 2020. London, 12 October 2020-- Moody's Investors Service has completed a periodic review of the ratings of KeySpan Gas East Corporation and other ratings that are associated with the same analytical unit.

National Grid plc: Coronavirus adds to headwinds for New York gas rate...

The coronavirus outbreak represents the latest headwind for National Grid's downstate businesses as it comes when they are seeking a material rate increase to support large capex programmes

KeySpan Gas East Corporation: Update following rating confirmation wit...

Our credit view of KEDLI reflecting that while the adverse impact on key credit metrics from the recent settlement is limited, a material strengthening is required to maintain current rating

Brooklyn Union Gas Company, The: Update following rating confirmation ...

Our credit view of KEDNY reflecting that while the adverse impact on key credit metrics from the recent settlement is limited, a material strengthening is required to maintain current rating

Moody's confirms A3 ratings of two National Grid US utilities; negativ...

Rating Action: Moody's confirms A3 ratings of two National Grid US utilities; negative outlook. Global Credit Research- 19 Dec 2019. London, 19 December 2019-- Moody's Investors Service, has today confirmed the A3 issuer and senior unsecured ratings of The Brooklyn Union Gas Company and KeySpan Gas East Corporation.

KeySpan Gas East Corporation: Update following rating review for downg...

Our credit view of KEDLI reflecting downside risks to credit quality from potentially higher costs and possible regulatory penalties associated with the response to gas supply constraints

Brooklyn Union Gas Company, The: Update following a rating review for ...

Our credit view of KEDNY reflecting downside risks to credit quality from potentially higher costs and possible regulatory penalties associated with the response to gas supply constraints

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