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Moody’s: Antero Midstream view to stable
Moody's Investors Service said it revised Antero Midstream Partners LP's outlook to stable from negative and simultaneously affirmed the Ba2 corporate family rating, Ba2-PD probability of default rating, B1 senior unsecured notes rating and SGL-3 speculative grade liquidity rating.
Moody’s said the outlook revision was prompted by a change in Antero Resources Corp.’s (Antero, Ba2 stable) outlook, which the agency changed to stable from negative.
Antero is Antero Midstream’s sole customer and Antero Midstream’s midstream assets are deeply integrated within Antero's upstream operations. Roughly 61% of Antero Midstream’s limited partnership units are owned by Antero.
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