22.10.2015 22:59:00
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Cloud Peak Energy Resources LLC -- Moody's downgrades Cloud Peak's corporate family rating to B1 from Ba3, outlook negative
New York, October 22, 2015 -- Moody's Investors Service today downgraded the corporate family rating (CFR) and probability of default rating (PDR) of Cloud Peak Energy Resources LLC to B1 and B1-PD from Ba3 and Ba3-PD, respectively. The senior unsecured rating was also downgraded to B3 from B2. The speculative grade liquidity rating of SGL-2 was affirmed. The outlook is negative. This concludes the review for downgrade initiated on September 10, 2015.