New York, November 01, 2016 -- Moody's Investors Service, ("Moody's") today upgraded the corporate family rating (CFR) of Murray Energy Corporation (Murray) to Caa2 from Ca, as well as the probability of default rating (PDR) to Caa2-PD from Ca-PD, the first lien term loan rating to Caa1 from Caa2, and the rating on second lien senior secured notes to Caa3 from C. Moody's also assigned a Caa1 rating to the new Senior Secured Term Loan B-3 due April 2020. The outlook is stable.

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