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Prospect News home > News index > List of issuers D > Headlines for Diamond Offshore Drilling, Inc. > News item |
Moody's cuts Diamond Offshore
Moody's Investors Service said it downgraded Diamond Offshore Drilling, Inc.'s probability of default rating to D-PD from Ca-PD, and concurrently affirmed the Ca corporate family rating and senior unsecured notes ratings.
These actions follow Diamond's bankruptcy filing.
The outlook remains negative.
Moody’s said it plans to withdraw all its ratings for Diamond.
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