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Moody’s revises Warrior Met Coal view
Moody's Investors Service said it revised the outlook for Warrior Met Coal, Inc. to positive from stable following significant debt reduction and continued progress operationally.
Moody's affirmed all of the company's long-term ratings, including the B2 corporate family rating and B2 senior secured rating, and upgraded the company's short-term liquidity rating to SGL-1 from SGL-2.
“Warrior's credit quality is strengthening on continued operational progress and meaningful debt reduction,” said Ben Nelson, Moody's vice president, senior credit officer and lead analyst for Warrior Met Coal.
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