09.09.2015 02:47:00
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Spectra Energy Corp -- Moody's: Spectra Energy Capital's negative outlook unchanged by DCP Midstream news
New York, September 08, 2015 -- Moody's Investors Service ("Moody's") said that Spectra Energy Capital, LLC's (SE Capital, Baa2 senior unsecured) negative outlook is unchanged by Spectra Energy Corp, LLC (Spectra, not rated; the parent of SE Capital and the guarantor of its debt) and Phillips 66's (A3 senior unsecured/stable) September 8, 2015 announcement of a plan to stabilize their 50-50 joint venture DCP Midstream, LLC (DCP, Ba2 corporate family rating/stable).