Report
EUR 164.41 For Business Accounts Only

Moody's affirms Basic's Caa1 CFR, positive outlook

Rating Action: Moody's affirms Basic's Caa1 CFR, positive outlook. Global Credit Research- 10 Mar 2020. New York, March 10, 2020-- Moody's Investors Service, affirmed Basic Energy Services, Inc. Corporate Family Rating at Caa1 following the acquisition of the Well Support Service business from NexTier Oilfield Solutions.
Underlying
Basilix Ctf.

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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