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S&P gives BBB to Energy Transfer notes
S&P said it gave a BBB issue-level rating to the following senior unsecured notes issued by Energy Transfer LP due 2026, 2028, 2030 and 2033.
Energy Transfer’s BBB rating and stable outlook are unchanged, the agency said.
The partnership intends to use the proceeds to refinance debt and for general partnership purposes. As of June 30, 2023, it had about $2.61 billion of borrowings under its unrated, revolving credit facility.
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