Mexican Driller Targets DCM

Aug 30, 2013

Mexico’s Offshore Drilling Holding (ODH) is planning to issue a $950m 2023 bond, according to Fitch, which assigns a BB rating. The entity that owns, finances, and charters Grupo R’s offshore drilling fleet is planning a roadshow next week ahead of the possible senior secured 144a/RegS cross-border sale,...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management