Ensco plc: Covenant Quality Pre-Sale Snapshot: $500m _% Senior Notes due 2026
CORPORATES ISSUER IN-DEPTH 11 January 2018 Source Documents: Prelim ProSupp (10 Jan 2018) Peer Group: » Oil & Gas KEY METRICS: (All figures in $ millions unless otherwise noted) (Ratios may vary from Moody’s adjusted ratios) See Snapshot User’s Guide  for terminology, analytical criteria and our ranking of covenant structures. This report contains Moody’s analysis of the principal pEnsco is an offshore contract drilling company engaged in providing offshore contract drilling services to the international oil and gas industry. As of Dec 31 2017, Co. owned and operated an offshore drilling rig fleet of 62 rigs. Co.'s rig fleet includes 12 drillships, 11 semisubmersible rigs, four moored semisubmersible rigs and 38 jackup rigs, including rigs under construction. Co.'s business consists of three operating segments: floaters, which includes its drillships and semisubmersible rigs; jackups; and other, which consists of management services on rigs owned by third-parties. Co.'s two reportable segments, floaters and jackups, provide one service, contract drilling.
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