New York, May 05, 2016 -- Moody's Investors Service, ("Moody's") changed Legacy Reserves, LP's ("Legacy") Probability of Default Rating (PDR) to Caa3-PD/LD from Caa3-PD. At the same time, Moody's affirmed Legacy's Corporate Family Rating (CFR) at Caa3 and its senior unsecured notes rating at Ca. Moody's affirmed the SGL-4 Speculative Grade Liquidity Rating. The rating outlook is stable.
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