Moody's rates W&T Offshore's proposed second lien notes Caa1; places Caa1 CFR under review for upgrade
Moody's Investors Service (Moody's) assigned a Caa1 rating to W&T Offshore, Inc.'s (W&T) proposed $275 million of senior secured second lien notes due 2026. Concurrently, Moody's placed W&T's Caa1 Corporate Family Rating (CFR) and Caa1-PD Probability of Default Rating (PDR) under review for upgrade....
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
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76,000 structured finance obligations
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