- With the economic challenges brought by the COVID-19 pandemic providing a kind of stress test for midstream broadly, the lack of widespread ratings downgrades is encouraging.
- Despite the challenges of the last several months, midstream companies with a diverse set of assets and creditworthy counterparties have proven to be well-positioned to withstand a volatile market environment from a credit perspective.
- Debt markets have remained open, with midstream companies able to issue debt at reasonable rates.
For further details see:
Midstream/MLP Credit Ratings Largely Stable In Tough Tape