31.05.2016 17:18:00

Gastar Exploration Inc. -- Moody's downgrades Gastar Exploration Inc's CFR to Caa3

New York, May 31, 2016 -- Moody's Investors Service, ("Moody's") downgraded the Corporate Family Rating (CFR) of Gastar Exploration Inc (Gastar) to Caa3 from Caa1, the rating on its senior secured notes due 2018 to Caa3 from Caa2, and the speculative grade liquidity (SGL) to SGL-4 from SGL-3. The rating outlook was changed to negative from stable.

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