Moody's withdraws Osum ratings

Moody's Investors Service said it withdrew all Osum Production Corp. ratings, including the Ba3 on its senior secured revolving credit facility and B3 rating on its senior secured first-lien term loan following the full repayment of its credit facilities. Moody’s changed the outlook to rating withdrawn from negative.

“The repayment follows the completion of Waterous Energy Fund's takeover transaction of Osum Oil Sands Corp., the parent of Osum Production Corp., on March 2, 2021,” the agency said in a press release.

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