Fitch Upgrades Florida Gas Utility's Project No. 2 to 'AA'; Outlook Stable (Business Wire)

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the long-term debt rating for the Florida Gas Utility's Gas Supply Acquisition Project No. 2 revenue bonds (series 2006) to 'AA' from 'AA-'. Florida Gas Utility's (FGU) upgrade follows UBS AG's posting of collateral equal to 102% of bond and... [read full story]