Piedmont Natural Gas Co. Inc. Assigned 'A-2' Short-Term Rating

  • We are assigning our 'A-2' short-term rating to Duke Energy Corp.'s utility subsidiary Piedmont Natural Gas Co. Inc.
  • All of our other ratings on Piedmont remain unchanged and we continue to view the company as a core subsidiary of Duke.
  • The stable outlook on Piedmont reflects our stable outlook on its parent Duke.
NEW YORK (S&P Global Ratings) Feb. 5, 2019-- S&P Global Ratings today took the 
rating actions listed above. The short-term rating reflects our long-term 'A-' 
issuer credit rating on Piedmont.