Moody's changes McDermott International's outlook to positive
Approximately $1.25 billion of debt affected. New York, January 19, 2017-- Moody's Investors Service changed McDermott International, Inc.' s ratings outlook to positive from stable to reflect the significant improvement in the company's operating performance and credit metrics and our expectations its metrics will remain strong for its rating over the next 12 to 18 months. At the same time, Moody's affirmed McDermott's B1 corporate family rating, its B1-PD probability of...
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