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09.05.2016 20:39:00
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White Star Petroleum, LLC -- Moody's changed White Star Petroleum's (WSTR) Probability of Default Rating to Caa2-PD/LD
New York, May 09, 2016 -- Moody's Investors Service, (Moody's) changed White Star Petroleum LLC's (WSTR) Probability of Default Rating to Caa2-PD/LD from Caa2-PD, while affirming its Caa2 Corporate Family Rating. At the same time, Moody's upgraded WSP's senior secured second lien notes rating to Caa2 from Caa3. The Speculative Grade Liquidity Rating was withdrawn. The ratings outlook is stable.
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