(Reuters) - NEW YORK, July 16 - Independent U.S. refiner
Coffeyville Resources' debt ratings were cut on Monday as an
industry source said the company's flooded Kansas refinery was
unlikely to restart until early September.
Moody's Investors Service pushed Coffeyville's corporate
family rating deeper into speculative territory, cutting it
from B2 to B3 amid uncertainty over the losses Coffeyville
faces from the shutdown of the refinery and an associated oil
spill.
Read more at Reuters.com Bonds News
Coffeyville Resources' debt ratings were cut on Monday as an
industry source said the company's flooded Kansas refinery was
unlikely to restart until early September.
Moody's Investors Service pushed Coffeyville's corporate
family rating deeper into speculative territory, cutting it
from B2 to B3 amid uncertainty over the losses Coffeyville
faces from the shutdown of the refinery and an associated oil
spill.
Read more at Reuters.com Bonds News
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