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CARE revises ratings assigned to bank facilities of Aban Offshore

31 Dec 2014 Evaluate

Credit rating agency, CARE has revised ratings assigned to bank facilities of Aban Offshore. The long term bank facilities has been revised to ‘BB-‘ from ‘D’. The long term /short term bank facilities has been revised from ‘D’ to ‘BB -/A4’. Further, the Cumulative Redeemable Preference Shares ratings have been reaffirmed at ‘C’.

Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.

Aban Offshore Share Price

20.07 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
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