Moody's: Pressure on Calumet

Moody's Investors Service commented that Calumet Specialty Products Partners, LP's pending $475 million acquisition of Murphy Oil Corp.'s superior refinery assets and inventory could put negative pressure on its rating and outlook.

Calumet has a B3 rating on its senior unsecured note offering, B2 corporate family rating, B2 probability of default rating and SGL-3 speculative-grade liquidity rating.

The outlook is positive.

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