Moody's Investors Service, ("Moody's") has today affirmed Ithaca Energy Inc. (Ithaca)'s B3 Corporate Family Rating (CFR), B3-PD probability of default rating (PDR) and Caa1 senior unsecured notes rating. The notes are guaranteed on a senior subordinated basis by certain Ithaca subsidia...
Summary Ithaca Energy Inc. (Ithaca) is an oil and gas company, which explores for, develops, and produces oil and gas in the North Sea. It focuses on the appraisal and development of undeveloped discoveries and the exploitation of its existing UK producing asset portfolio. The company has a portfolio of operated and non-operated assets in the Northern, Central and Southern North Sea and Moray Firth areas of the UK Continental Shelf. Ithaca also has stake in the Wytch Farm Field in Southern Engl...
CORPORATES CREDIT OPINION 17 July 2017 Update RATINGS Ithaca Energy Inc. Domicile United Kingdom Long Term Rating B3 Type LT Corporate Family Ratings Outlook Positive Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Shruti Kulkarni 44-20-7772-1388 Analyst [email protected]
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