New York, July 14, 2016 -- Moody's Investors Service ("Moody's") assigned a limited default (LD) designation to Stallion Oilfield Holdings, Inc.'s ("Stallion") Caa3-PD Probability of Default Rating (PDR), changing the PDR to Caa3-PD/LD from Caa3-PD. This action follows the company's failure to make its scheduled $7 million interest and principal payment and having entered into forbearance agreements with its lenders. Stallion's Loss Given Default (LGD) point estimates were revised to 49% (LGD-3) from 51% (LGD-4), reflecting recent repurchases of its term loan. Stallion's other ratings are unchanged and the outlook remains negative.

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