E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/26/2018 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

S&P assigns BBB- to Valero Energy notes

S&P said it assigned its BBB- issue-level rating to Valero Energy Partners LP's proposed senior unsecured notes due 2028.

“We assess the partnership's stand-alone credit profile to be bb and notch the corporate credit rating to BBB- reflecting our view that it is strategically important to its parent and general partner owner, Valero Energy Corp.,” S&P said in a news release.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.