Bloomberg News

Moody’s Returns Anadarko to Investment Grade After Gulf Spill

March 23, 2012

Moody’s Investors Service Inc. returned its rating on Anadarko Petroleum Corp. (APC)’s senior unsecured debt to investment-grade.

Moody’s changed its rating in a statement issued today.

The agency’s rating of the company’s debt was lowered following the spill at the Macondo well in the Gulf of Mexico two years ago. Anadarko was BP PLC (BP/)’s partner in the well.

To contact the reporter on this story: Edward Klump in Houston at eklump@bloomberg.net

To contact the editor responsible for this story: Jessica Resnick-Ault at jresnickault@bloomberg.net


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