New York, March 14, 2016 -- Moody's Investors Service, ("Moody's") today downgraded CONSOL Energy Inc.'s corporate family rating (CFR) to B2 from B1, probability of default rating (PDR) to B2-PD from B1-PD and senior unsecured ratings to Caa1 from B3. The Speculative Grade Liquidity rating of SGL-3 remains unchanged. This concludes the review initiated on January 21, 2016, when Moody's placed ratings on review for downgrade, reflecting an effort to recalibrate ratings in the mining sector given perceived fundamental shift in the operating environment. The outlook is negative.
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