20.05.2015 19:32:00

Hilcorp Energy I, L.P -- Moody's rates new Hilcorp Energy unsecured notes Ba3

New York, May 20, 2015 -- Moody's Investors Service assigned a Ba3 rating to Hilcorp Energy I, L.P. (Hilcorp) and co-issuer Hilcorp Finance Company's senior unsecured notes due 2025. Note proceeds will be used to fund the redemption of Hilcorp's $300 million, 8% senior notes due 2020 and to repay borrowings under its revolving credit facility. The outlook is stable.

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