Moody’s ups Antero Midstream

Moody’s Investors Service said it upgraded Antero Midstream Partners LP’s corporate family rating to B1 from B2, probability of default rating to B1-PD from B2-PD and senior unsecured notes to B2 from B3. The speculative grade liquidity rating is unchanged at SGL-3.

“The upgrades reflect significant improvements in the credit profile of AM’s principal customer Antero Resources Corp. (Antero Resources, B1 stable) that will bring stability in AM’s operations and cash flow,” said Sajjad Alam, a Moody’s senior analyst, in a press release.

The outlook remains stable.

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