New York, April 13, 2016 -- Moody's Investors Service ("Moody's") downgraded Azure Midstream Energy LLC's (Azure) Corporate Family Rating (CFR) to Caa2 from B3, Probability of Default Rating (PDR) to Caa2-PD from Caa1-PD, senior secured term loan rating to Caa2 from B3, and the senior secured revolving credit facility rating to B1 from Ba3. The Speculative Grade Liquidity rating was withdrawn. The outlook remains negative.
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