OREANDA-NEWS. Fitch Ratings has affirmed and assigned Recovery Ratings (RRs) to three U.S. and Canadian Pipelines, Midstream and Master Limited Partnership (MLPs) companies as follows:

NGL Energy Partners LP
--Issuer Default Rating (IDR) at 'BB';
--Senior unsecured notes at 'BB-/RR5'.

The Rating Outlook is Stable.

NGL Energy Finance Corp.
--Senior unsecured notes at 'BB-/RR5'.

NuStar Logistics, L.P.
--IDR at 'BB';
--Senior unsecured notes at 'BB/RR4';
--Junior subordinated notes at 'B+/RR6'.

The Rating Outlook is Stable.

The assignment of the RRs reflects Fitch's 'Recovery Ratings and Notching Criteria for Non-Financial Corporates Issuers' (dated Nov. 18, 2014), which allows for the assignment of RRs to issuers with IDRs in the 'BB' category.