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Fitch Affirms Enterprise Products & TEPPCO Following Definitive Merger Agreement.

Publication: Mergers & Acquisitions Week
Publication Date: 16-SEP-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Fitch Ratings has affirmed the 'BBB-' Issuer Default Rating (IDR) for Enterprise Products Operating LLC (EPO), the operating subsidiary of Enterprise Products Partners L.P. (EPD), following the announcement that TEPPCO Partners L.P. (TPP) has signed a definitive agreement to merge with EPD in an all equity transaction, forming the largest publicly traded energy partnership. Fitch has also affirmed the ratings for TPP...

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