Mexican Driller Targets DCM

Mexican Driller Targets DCM

Mexico Bonds

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, according to people familiar with the process. The BB/BB issuer is set to begin meetings in Santiago Monday, and then visit Lima, London, Switzerland, Los Angeles and Boston before wrapping up i

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