• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Research Update: S&PCORRECT: Alliance Pipeline, Alliance Pipeline Limited Partnership 'BBB+' Ratings Affirmed Aug 08 Product Image

Research Update: S&PCORRECT: Alliance Pipeline, Alliance Pipeline Limited Partnership 'BBB+' Ratings Affirmed Aug 08

  • Published: August 2008
  • Standard & Poors

Abstract
On Aug. 26, 2008, Standard & Poor's Ratings Services affirmed its 'BBB+' senior secured debt rating on Alliance Pipeline L.P.'s (Alliance U.S.) $1.15 billion senior secured notes and Alliance Pipeline Limited Partnership's (Alliance Canada) C$1.8 billion senior secured notes. The affirmation follows Standard & Poor's annual review of the pipeline companies. The outlook on both partnerships is stable. The Alliance Pipeline system is a 1,875-mile natural gas pipeline project, with 450 miles of laterals, extending from the Western Canadian Sedimentary Basin (WCSB) in northeastern British Columbia and northwestern Alberta to the Chicago Market Hub. The system consists of two limited partnerships: Alliance U.S. is owned by Enbridge Inc. (50%, A-/Stable/--) and Fort Chicago Energy Partners L.P. (50%, BBB/Stable/--), and Alliance...

Companies mentioned in this report are: Alliance Pipeline L.P.,Alliance Pipeline Limited Partnership,Veresen Inc.
Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance READ MORE >

Alliance Pipeline L.P.,Alliance Pipeline Limited Partnership,Veresen Inc.

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS