TEXT-S&P summary: AGL Resources Inc.

Thu Jul 26, 2012 9:31am EDT

July 26 -


Summary analysis -- AGL Resources Inc. ---------------------------- 26-Jul-2012


CREDIT RATING: BBB+/Stable/A-2 Country: United States

State/Province: Georgia

Primary SIC: Natural gas


Mult. CUSIP6: 001204 ===============================================================================

Credit Rating History:

Local currency Foreign currency

15-Dec-2011 BBB+/A-2 BBB+/A-2

27-Jun-2003 A-/A-2 A-/A-2



U.S. gas utility and retail marketing holding company AGL Resources Inc.'s rating reflects an "excellent" business risk profile and a "significant" financial risk profile (as our criteria define the terms). With regulated utility operations generating about 75% of consolidated cash flow, the consolidated company should generate relatively consistent cash flow regardless of the economy and commodity price fluctuations.

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