News Oil & Gas

Moody’s raises ratings for Neptune Energy

Posted on Author editorial Comments Off on Moody’s raises ratings for Neptune Energy

Neptune Energy said that Moody’s Investors Service had upgraded Neptune Energy Group Midco Ltd to Ba2 from Ba3.

The Moody’s also upgraded Neptune Energy Bondco plc’s existing $850 million senior notes due in 2025 to Ba3 from B1.

The oil exploration and development company added that its outlook has changed to stable from positive.

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