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Cimarex Energy Co. -- Moody's assigns Baa3 rating to Cimarex's proposed senior notes issuance

Moody's Investors Service, ("Moody's") assigned a Baa3 rating to Cimarex Energy Co.'s (Cimarex) proposed issuance of $500 million senior unsecured notes due 2029. The Baa3 rating on Cimarex's existing unsecured notes is unchanged. Cimarex will use a portion of the proceeds from the notes issuance to repay borrowings under the company's revolving credit facility and the remainder for general corporate purposes.