C.A.T. Oil AG -- Moody's confirms ratings of 4 oilfield services firms operating in Russia

London, 27 April 2016 -- Moody's Investors Service (Moody's) has confirmed the ratings of four oilfield services (OFS) companies with major operations in Russia. Today's rating confirmations comprise the Ba3 corporate family rating (CFR) of C.A.T. Oil AG; the B1 CFRs and B1-PD probability of default ratings (PDRs) of Neftserviceholding LLC and Borets International Ltd, as well as the B1 senior unsecured rating of the notes issued by Borets Finance Limited, all with a stable outlook. Moody's also confirmed the B2 CFR and B2-PD PDR of IG Seismic Services Plc with a negative outlook. These actions conclude the rating reviews initiated by Moody's on 22 January 2016.

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