31.03.2016 23:22:00
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Bowie Resource Partners LLC -- Moody's downgrades Bowie to Caa1, outlook stable
New York, March 31, 2016 -- Moody's Investors Service today downgraded the ratings of Bowie Resource Partners LLC (Bowie), including the Corporate Family Rating (CFR) to Caa1 from B2, Probability of Default Rating (PDR) to Caa1-PD from B2-PD, the rating on the first lien secured term loan to B3 from B1, and the rating on second lien secured term loan to Caa2 from Caa1. The outlook is stable.