Moody's may raise Williams' debt on asset sales

(Reuters) - "The review for upgrade reflects the positive benefits
Williams receives from exiting its power business, which
include improved leverage and lower volatility of cash flow and
earnings," Moody's said in a statement.




"The power business creates additional volatility from its
power sales contracts and hedging transactions, which requires
Williams to maintain substantial liquidity for letters of
credit and other adequate assurance," Moody's said.


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