New York, February 29, 2016 -- Moody's Investors Service today downgraded the ratings of Westmoreland Coal Company (Westmoreland), including its corporate family rating (CFR) to Caa1 from B3, probability of default rating (PDR) to Caa1-PD from B3-PD, and the ratings on the senior secured credit facility and senior secured notes to Caa3 from Caa1. The Speculative Grade Liquidity rating of SGL-3 remains unchanged. The outlook is stable.
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