Form 8-K ULTRA PETROLEUM CORP For: Mar 01
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S&P Downgrades Ultra Petroleum (UPL) to 'CC'' Following Move to Defer Debt Payment
March 3, 2016 2:02 PM ESTStandard & Poor's Ratings Services lowered the corporate credit rating on Ultra Petroleum Corp. (NYSE: UPL) to 'CC' from 'CCC-', given our view that a default, including a selective default, is almost certain. The outlook is negative.
Our issue-level ratings on the company structurally... More
