New York, November 04, 2016 -- Moody's Investors Service has affirmed the B3 corporate family rating (CFR) and B3 first-lien credit facility rating of APCO Holdings, LLC (APCO). The rating agency has also upgraded APCO's probability of default rating to B3-PD from Caa1-PD reflecting a change in the company's financing mix. The rating outlook is stable.

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