Fitch rates Southwestern loan BBB-

Fitch Ratings said it assigned BBB-/RR1 ratings to Southwestern Energy Co.'s planned term loan B.

The agency concurrently affirmed the company's $2 billion senior secured revolver at BBB-/RR1 and Southwestern’s other ratings, including the BB/RR4 ratings on its $350 million of 8 3/8% senior unsecured notes due 2028.

Southwestern plans to use the proceeds to for its previously reported acquisition of GEP Haynesville.

The outlook is stable.

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