Moody's rates Contura's proposed secured term loan (P)B2, outlook stable
New York, February 21, 2017-- Moody's Investors Service, today assigned first-time provisional ratings to Contura Energy, Inc., including corporate family rating of B2, and a rating on secured term loan of B2. In July 2016, Contura completed the acquisition of certain core coal assets from Alpha Natural Resources in connection with Alpha's restructuring. Formed by a group of Alpha's first lien lenders, Contura was created to acquire and operate Alpha Natural Resources' core...
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