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Vantage Drilling International: Small scale offshore driller with impr...

Our credit view of this issuer reflects its improving industry fundamentals, against its limited scale in a cyclical and highly competitive industry.

Moody's announces completion of a periodic review of ratings of Vantag...

Moody's Investors Service (Moody's) has completed a periodic review of the ratings of Vantage Drilling International and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 27 February 2024 in which Moody's reassessed the appropriateness o...

Moody's rates Vantage Drilling's new notes B3; upgrades CFR to B3

Moody's Investors Service ("Moody's") assigned a B3 rating to Vantage Drilling International's (Vantage) newly issued first-lien senior secured notes due 2028. Moody's concurrently upgraded the company's Corporate Family Rating (CFR) to B3 from Caa1 and Probability of Default Rating (PDR) to B3-PD f...

Vantage Drilling International: Asset sale and improving business fund...

Our credit view of this issuer reflects its high financial leverage and upcoming debt maturity

Moody's announces completion of a periodic review of ratings of Vantag...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Vantage Drilling International. Global Credit Research- 24 Jan 2022. New York, January 24, 2022-- Moody's Investors Service has completed a periodic review of the ratings of Vantage Drilling International and other ratings that are associated with the same analytical unit.

Vantage Drilling International: Update to credit analysis – Muted offs...

Our credit view of this issuer reflects its no near-term maturities and adequate liquidity against muted offshore sector recovery despite high commodity prices.

Moody's announces completion of a periodic review of ratings of Vantag...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Vantage Drilling International. Global Credit Research- 19 Feb 2021. New York, February 19, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Vantage Drilling International and other ratings that are associated with the same analytical unit.

Vantage Drilling International: Update to credit analysis – Stressed i...

Our credit view of Vantage Drilling, reflecting the stressed industry conditions delaying day rate improvements and weakening the company's liquidity.

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