Williams' debt rating rises

Some good news for Tulsa's Williams Companies. Investment bank Merrill Lynch is raising the energy company's debt rating, saying Williams will have enough cash to pay its debts through 2006.

Wednesday, October 1st 2003, 12:00 am

By: News On 6

Some good news for Tulsa's Williams Companies. Investment bank Merrill Lynch is raising the energy company's debt rating, saying Williams will have enough cash to pay its debts through 2006.

The company has raised more than $7-billion by selling assets as part of an effort to reduce its debt.