New York, September 13, 2016 -- Moody's Investors Service, ("Moody's") revised Comstock Resources, Inc.'s (Comstock) Probability of Default Rating (PDR) to Caa2-PD/LD from Caa2-PD. At the same time, Moody's affirmed Comstock's Corporate Family Rating (CFR) at Caa2, its senior secured notes rating at B3, and its Speculative Grade Liquidity (SGL) Rating at SGL-3, and downgraded its senior unsecured notes rating to Ca from Caa3. The outlook has been changed to stable from negative.
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