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Moody’s rates Extraction Oil notes B3
Moody's Investors Service said it assigned a B3 rating to Extraction Oil & Gas, Inc.'s proposed senior unsecured notes due 2024.
Extraction's other ratings are unchanged.
"Extraction's proposed notes issuance will prefund a portion of its large 2017 capital expenditure program and support its liquidity," Moody's vice president, senior analyst James Wilkins said in a news release.
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