Moody's assigns Caa1 rating to KCA Deutag's new 2022 senior secured notes
London, 09 March 2017-- Moody's Investors Service, has today assigned a Caa1 rating to the new USD525 million senior secured notes due 2022 to be issued by KCA Deutag UK Finance plc, a subsidiary of UK-based oil field services company KCA Deutag Alpha Ltd. A full list of affected ratings is provided towards the end of this press release. "We have assigned a Caa1 rating to the proposed new senior secured notes as they will be issued under similar terms to the outstanding Caa1-rated...
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