New York, October 26, 2015 -- Moody's Investors Service, (Moody's) downgraded Abaco Energy Technologies LLC's (Abaco) Corporate Family Rating (CFR) to Caa3 from Caa1 and the Probability of Default Rating (PDR) to Ca-PD from Caa2-PD. At the same time, Moody's downgraded the senior secured credit facilities to Caa3 from Caa1. The Speculative Grade Liquidity Rating (SGL) was lowered to SGL-4 from SGL-3. The outlook remains negative.
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