Andeavor Logistics LP — Moody’s withdraws Andeavor Logistics’ rating following MPLX’s exchange offering

Moody’s Investors Service (“Moody’s”) has withdrawn Andeavor Logistics LP’s (ANDX) Baa3 senior unsecured rating. The withdrawal of ANDX’s rating also concludes the review for upgrade upon which ANDX was initially placed on April 30, 2018. This action follows MPLX LP’s (MPLX, Baa2 stable) completion of its offer to exchange MPLX senior notes for notes issued by ANDX.

source https://finance.yahoo.com/m/c0d9bc10-3fc7-3e82-b9da-40fc1351502c/andeavor-logistics-lp-.html?.tsrc=rss

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.