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Published on 11/3/2023 in the Prospect News Bank Loan Daily.

Moody’s rates Alpha loan B1

Moody's Investors Service said it assigned a B1 rating to Alpha Metallurgical Resources, Inc.'s new $155 million senior secured asset-based lending credit facility. The agency simultaneously withdrew the B1 rating on Alpha's prior senior secured ABL credit facility.

Alpha's B1 corporate family rating and B1-PD probability of default rating are unchanged. The company's SGL-2 speculative grade liquidity rating is unchanged.

The outlook remains stable.


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