Moody's Investors Service ("Moody's") downgraded Westmoreland Coal Company's ("Westmoreland") Probability of Default Rating (PDR) to D-PD from Caa3-PD. Moody's also downgraded the company's Corporate Family Rating (CFR) to C from Caa3 and all instrument ratings to C from Ca. ...
Moody's Investors Service ('Moody's') said that Westmoreland Coal Company's ('Westmoreland') missed interest payment will be considered a limited default, but will not immediately impact Westmoreland's Caa3 Corporate Family Rating ("CFR"). Westmoreland recently deferred a $15 million i...
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