Moody's: Resolute Energy notes B3

Moody's Investors Service said it assigned Resolute Energy Corp. corporate family and probability of default ratings of B2 and assigned a B3 rating to its proposed offering of a $250 million of senior unsecured notes due 2020.

The outlook is stable.

Proceeds will repay outstanding amounts under Resolute's revolving credit facility and pre-fund its capital expenditure program.

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