Seven Energy earns ratings upgrade from Fitch, as junk status clings

by | February 12, 2017 1:12 am

Nigeria-based Seven Energy Limited (SENL) Long-Term Issuer Default Rating has been upgraded to ‘CC’, according to a statement released last week by Fitch Ratings, a global rating agency. Fitch had in September 2016, downgraded the privately held oil and gas exploration and development company from ‘B-,’ representing moderate risk levels, to ‘CC’, reflecting very high-risk…

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