02.05.2014 19:47:00

Globe Luxembourg SCA -- Moody's assigns (P)B3 rating to KCA Deutag's new USD senior secured notes

London, 02 May 2014 -- Moody's Investors Service has today assigned a (P)B3 rating to KCA Deutag UK Finance plc's envisaged USD375 million senior secured notes due 2021; the recently launched senior secured term loan and revolving credit facility rated at KCA Deutag Alpha Ltd (KCA Deutag), remain unchanged at (P)B3 and other rated debt, including the existing senior secured notes due 2018 issued by Globe Luxembourg SCA, also remains unchanged at B3.

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