25.04.2016 21:20:00

Alta Mesa Holdings, LP -- Moody's downgrades Alta Mesa's CFR to Caa2; outlook remains negative

New York, April 25, 2016 -- Moody's Investors Service (Moody's) downgraded Alta Mesa Holdings, LP's (Alta Mesa) Corporate Family Rating (CFR) to Caa2 from Caa1 and its Probability of Default Rating (PDR) to Caa2-PD from Caa1-PD. At the same time, Moody's downgraded Alta Mesa's senior unsecured notes to Caa3 from Caa2. Moody's affirmed the SGL-4 Speculative Grade Liquidity Rating. The rating outlook remains negative.

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