FOR IMMEDIATE RELEASE
Investor Relations Contact: Marissa Travaline x4227, email@example.com
Media Contact: Joanne Brigandi x 4240, firstname.lastname@example.org
Moody`s Upgrades South Jersey Gas - Outlook Stable
Folsom, NJ - South Jersey Industries (SJI) announced that Moody`s Investor Service upgraded South Jersey Gas` long-term issuer rating to A2 from A3, senior secured and first mortgage bond rating to Aa3 from A1 and its commercial paper rating to P-1 from P-2. Moody`s outlook for SJG is stable.
To view Moody`s full news release on SJG`s upgrade, go to https://www.moodys.com/research/Moodys-upgrades-South-Jersey-Gas-Outlook-stable--PR_291369
About South Jersey Industries
South Jersey Industries (SJI), a member of the MSCI Global Climate Index, offers solutions to climate change and helps customers control energy costs. South Jersey Gas, one of the nation`s fastest growing natural gas utilities, delivers clean, efficient natural gas and promotes energy efficiency to customers in southern New Jersey. SJI`s non-regulated businesses, under South Jersey Energy Solutions, promote efficiency, clean technology and renewable energy by developing and operating on-site energy production facilities; acquiring and marketing natural gas and electricity for retail customers; providing wholesale commodity marketing and risk management services; and offering HVAC and other energy-efficiency related services. For more information about SJI and its subsidiaries, visit http://www.sjindustries.com.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: South Jersey Industries via GlobeNewswire