Moody's: SESI view to positive

Moody's Investors Service said it changed SESI, LLC's rating outlook to positive from stable.

At the same time, the agency affirmed the company's Ba1 corporate family rating, Ba2 senior unsecured note rating and SGL-1 speculative grade liquidity rating.

"The positive outlook captures SESI's ongoing commitment to maintaining conservative financial policies and drive to promote international growth in the highly competitive oilfield services industry," Moody's analyst Sajjad Alam said in a news release.

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