New York, November 30, 2016 -- Moody's Investors Service (Moody's) placed Alta Mesa Holdings, LP's (Alta Mesa) Caa2 Corporate Family Rating (CFR) and Caa2-PD Probability of Default Rating (PDR) under review for upgrade and assigned a Caa1 rating to the proposed offering of $450 million of senior unsecured notes. The Caa1 rating on the proposed notes is conditional on the closing of the refinancing transaction as proposed. Upon close of the transaction, Moody's expects the CFR to be upgraded to B3. The Speculative Grade Liquidity Rating (SGL) was raised to SGL-3 from SGL-4. The rating outlook is under review.

Vollständigen Artikel bei Moodys lesen