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Keane Group Holdings, LLC -- Moody's says Keane's stock-for-stock merger with C&J is credit positive

Moody's Investors Service ("Moody's") commented today that Keane Group, Inc.'s announced stock-for-stock merger wtih C&J Energy Services, Inc. is credit positive since it expects the transaction will be deleveraging, increase scale, and strengthen market position. Keane Group, Inc. is the parent company of Keane Group Holdings, LLC. For additional information, subscribers to Moody's research service are directed to the associated Moody's Issuer Comment for Keane Group Holdings, LLC, which can be found on the rating agency's website at www.moodys.com.