Moody’s cuts Antero Midstream

Moody's Investors Service said it downgraded Antero Midstream Partners LP's corporate family rating to Ba3 from Ba2, probability of default rating to Ba3-PD from Ba2-PD and senior unsecured notes to B1 from Ba3.

The speculative grade liquidity rating was unchanged at SGL-3.

The outlook was revised to negative.

“The downgrade was prompted by the ratings downgrade of Antero Resources Corp., the primary customer of Antero Midstream,” Sajjad Alam, Moody's senior analyst, said in a news release.

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