Moody’s Lowers OGX

Moody’s Lowers OGX

Brazil Corporate & Sovereign Strategy

Moody’s has downgraded OGX’s ratings to Ca from Caa2, it says, the latest in a series of cuts as the EBX E&P operator’s ability to service $3.6bn in debt is in question and investors brace for a possible restructuring. “The rating downgrade of OGX is

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