Fitch Affirms NuStar's Ratings at 'BB'; Outlook Stable

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the ‘BB’ Long-Term Issuer Default Rating (IDR) and the ‘BB’/RR4 senior unsecured rating for NuStar Logistics, L.P. (Logistics). The junior subordinated notes have been affirmed at ‘B+’/RR6. The Rating Outlook is Stable. Debt issued by Logistics is guaranteed by NuStar Energy L.P. (NuStar) and NuStar Pipe Line Operating Partnership, L.P. (NPOP). Both Logistics and NPOP are the operating limited partnerships of NuStar, which is a publicly trad
Source: BusinessWire-Primary

Fitch Affirms NuStar's Ratings at 'BB'; Outlook Stable