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Prospect News home > News index > List of issuers A > Headlines for Aurora USA Oil & Gas Inc. > News item
Published on 7/26/2012 in the Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

Moody's: Aurora USA notes Caal

Moody's Investors Service said it assigned a Caa1 rating to Aurora USA Oil & Gas, Inc.'s offering of $100 million senior unsecured notes due 2017. The outlook is stable.

The notes are a tack-on issuance to the existing $200 million unsecured senior notes due 2017.

The agency said its rating on Aurora is based on the company's ability to rapidly expand production and cash flows when needed.


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