by Amruth Sundarkumar | Jan 7, 2022 | Corporates, Credit Ratings
Southwestern Energy was upgraded to BB+ from BB by S&P. The rating upgrade comes on the back of the company completing the acquisition of GEP Haynesville LLC for about $1.85bn with $1.325bn in cash and $525mn of Southwestern common shares. The acquisition is said...
by Megha Malhotra | Sep 2, 2021 | Credit Ratings
US exploration and production (E&P) company Southwestern Energy Co. has been upgraded to BB from BB- by S&P after it completed the acquisition of privately held Haynesville operator Indigo Natural Resources in a deal worth ~$2.7bn. The acquisition included a...
