Ausdrill Ltd. Ratings Placed On CreditWatch Positive On Proposed Acquisition Of Barminco Holdings Pty Ltd.

          MELBOURNE (S&P Global Ratings) Aug. 15, 2018--On Aug. 15, 2018, S&P Global Ratings said today that it has placed its 'BB-' long-term issuer credit rating on Ausdrill Ltd. on CreditWatch with positive implications. At the same time, we placed the 'BB+' and 'BB-' ratings on the company's senior secured and senior unsecured issues, respectively, on CreditWatch with positive implications. Based in Australia, Ausdrill is a provider of mining services. We placed the ratings on CreditWatch with positive implications because Ausdrill's proposed acquisition of Barminco Holdings Pty Ltd. 
          should improve Ausdrill's operating scale, and service and commodity di อ่านต่อ…