New York, July 02, 2014 -- Moody's Investors Service has withdrawn all of its ratings on Eagle Rock Energy Partners, L.P. (Eagle Rock). The withdrawal follows the exchange of substantially all of Eagle Rock's outstanding senior unsecured notes due 2019 for new Regency Energy Partners LP's (Regency, Ba2 stable) senior unsecured notes due 2019, which was completed on July 1, 2014. This rating action concludes the rating review initiated on January 14, 2014, after Eagle Rock signed a definitive agreement to contribute its midstream business to Regency and transform to a pure-play, exploration and production (E&P) master limited partnership (MLP).
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