23.09.2013 21:03:00
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Clayton Williams Energy, Inc. -- Moody's assigns B3 rating to Clayton Williams' notes
New York, September 23, 2013 -- Moody's Investors Service, ("Moody's") assigned a B3 rating to Clayton Williams Inc.'s (CWEI) proposed $250 million senior unsecured notes due 2020. Proceeds from the offering will be used to repay outstanding revolver borrowings. The outlook is stable.